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Multiple Choice Quiz
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1
An incompetent physician injures a patient at Hope Hospital. Hope had not revoked the physician's credentialing in spite of a history of drug abuse. On what basis is Hope liable for the injury?
A)Negligent credentialing
B)Negligent retention
C)Negligent staffing
D)Negligent treatment
2
HIPPA contains restrictions on the disclosure of _____ records to the patient.
A)all medical
B)physical therapy
C)psychotherapy
D)medical testing
3
An informed consent form for medical treatment typically requires _____.
A)a patient signed form witnessed by a third party
B)a patient and physician signed form
C)a patient signed form with a signature notarized
D)a patient and friend signed form
4
Which of the following professionals are least likely to be liable to third parties?
A)accountant
B)architect
C)public contractor
D)attorney
5
The Securities and Exchange Act of 1934 is chiefly designed to prevent _____.
A)fraud
B)accountant negligence
C)an uninformed investor
D)attorney malpractice
6
Which of the tests for accountant liability is the strictest?
A)Specifically foreseen third parties
B)Actually named third parties
C)Reasonably foreseen third parties
D)Generally known third parties
7
Accountant malpractice is based on a failure to _____.
A)meet a duty of care
B)meet a strict standard of care
C)meet an expected result
D)meet an anticipated standard of care
8
The accountant-client privilege does not extend to _____.
A)a court's request for information
B)a spouse's request for information
C)an agency's request for information
D)a bank's request for information
9
What entity created the Accountant Code of Professional Ethics?
A)FASB
B)AICPA
C)GAAP
D)GAAS
10
To become a CPA typically requires _____ years of experience.
A)two
B)three
C)four
D)five





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