Tort Actions Against Public Accounting Firms Are More Common Than

question 11

Multiple Choice

Tort actions against public accounting firms are more common than breach of contract actions because:

• A) the person suing need prove only negligence.
• B) the amounts recoverable are normally larger.
• C) there are more torts than contracts.
• D) the burden of proof is on the auditor rather than on the person suing.

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Definitions:

Stages

Distinct phases or periods within a process or event, characterized by particular features or activities.

Resistance to Change

The reluctance or refusal to adapt to new methods, practices, or conditions within an organization or personal life.

Organizations

Groups or collectives of people structured and managed to meet a need or pursue collective goals on a continuing basis.

Common Reasons

Frequently encountered or widely accepted causes or justifications for an action or event.