In Which of the Following Statements Concerning a CPA Firm's

question 30

Multiple Choice

In which of the following statements concerning a CPA firm's action is scienter or its equivalent absent?

• A)Having actual knowledge of fraud.
• B)Performing substandard auditing procedures.
• C)Reckless disregard for accuracy in one's work.
• D)Intent to profit by concealing fraud.

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Definitions:

Combat Veteran

An individual who has served in the military and has experienced active combat during their service.

Depersonalization Disorder

A mental disorder in which individuals feel detached from their own body and thoughts, as if they are observing themselves from outside.

Drifting

The gradual change or movement from one position, state, or condition to another, often used metaphorically to describe changes in opinions, objectives, or life circumstances.

Dissociative Disorders

Psychological disorders characterized by disturbances or malfunctions in memory, consciousness, identity, or the way one perceives reality.