Just answer do NOT need to explain

26. A CPA. :is permitted to disclose condential client information without the consent of the client to: I. Another CPA who has purchased the CPh's lat-t practice ll. Another CPA rm if the information concerns suspected tan return in-egularities III. a state CPA society voluntary quality control review board a. l and \"I only b. 11 and 111 only c. 1] only d. 1H onlyI 27. 1|Ill-I'hich of the following statements is con'ect rcgardhtg and aooountent's working papers? a. The accountant owns the working papers and generally may disclose them as the accountant sees t. ii. The client owns the working papers but the accountant has custody of them until the accountant's bill has been paid in full. c. The accountant owns the working papers but generally may not disclose them without the client's consent or a. court order. d. The eIient owns the working papers but. in the absence of the accountant's consent1 may not disclose them without a court order. Eli. Sun Corp. approved a merger with Cord Corp. One of the determining factors in approving the merger was the nancial statements of Cord that were audited by Frank d: Co, CPAs. Sun had engaged Frank to audit Card's nancial state ments. 1Iill'hile pert'onning the audit, Frank failed to discover certain irregularities that later caused Sun to suffer substantial Eosses. For Franlt to be liable under common law negligence, Sun at a minimum must prove that Frank: :1. Knew of the irregularities b. Failed to exercise due care c. 1Ii'ru'as grossly negligent; d. hcted With scienter