Ethics and professional Q4
- A
A client’s relationship is transactional in nature whereas a customer uses the services of a professional on an ongoing basis.
- B
A customer’s relationship is limited to small transactions whereas a client engages in relatively large transactions
- C
A customer’s relationship is transactional in nature whereas a client uses the services of a professional on an ongoing basis
- Option : C
- Explanation : Clients differ from customers. A customer is one who engages in a single or a series of transactions to buy a good or service. The relationship is transactional in nature. A client, on the other hand, uses the services of a professional for his knowledge and skills on the subject on an ongoing basis, for a fee.
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