Taylor is an accountant whose clients include Universal Metrics Corporation. Vera is Taylor's attorney. Working papers that Taylor develops when preparing financial reports for Universal Metrics are owned by
A) Taylor.
B) Universal.
C) Vera.
D) no one-the papers must be destroyed immediately after use.

Question

Taylor is an accountant whose clients include Universal Metrics Corporation. Vera is Taylor's attorney. Working papers that Taylor develops when preparing financial reports for Universal Metrics are owned by​
A) ​Taylor.
B) ​Universal.
C) ​Vera.
D) ​no one-the papers must be destroyed immediately after use.

Quizplus · Accepted Answer

The working papers developed by an accountant, like Taylor, when preparing financial reports are typically owned by the accountant themselves, not the client or any third party.

Taylor Is an Accountant Whose Clients Include Universal Metrics Corporation