management advisory services
Consulting services provided by accounting firms, the bulk of which involve
computer software and hardware. Other areas falling under the heading of management
advisory services include: business or asset valuation, mergers and acquisitions,
investments, capital budgeting, business strategy and marketing, organizational
structure, business operations, real estate, and litigation support. This is
one of the more severe exposures covered by accountants professional liability
policies.
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PLI XIII.B