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CPA Australia CPA Financial Accounting and Reporting Exam Financial-Accounting-and-Reporting Question # 20 Topic 3 Discussion

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CPA Australia CPA Financial Accounting and Reporting Exam Financial-Accounting-and-Reporting Question # 20 Topic 3 Discussion

Financial-Accounting-and-Reporting Exam Topic 3 Question 20 Discussion:
Question #: 20
Topic #: 3

An agent is answerable under the contract to the agent's principal and must account for the resources of the agent's principal and the money the agent has gained working on the principal's behalf. In the context of agency, this definition describes an agent's
A.

contract.

B.

relationship.

C.

fiduciary duty.

D.

accountability.

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Actual exam question for CPA Australia Financial-Accounting-and-Reporting exam by Aspen93850 at Aug 3, 2025, 12:00:00 AM

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