The Ultramares Case Holds Auditors to a Higher Level of Responsibility

question 6

True/False

The Ultramares case holds auditors to a higher level of responsibility than the Rosenblum v.Adler case in terms of common law liability to third parties.

---

Definitions:

Social Skills Training

A behavioral therapy used to improve interpersonal skills through the learning and practicing of appropriate social behaviors.

Modelling

The process of representing or simulating a real-life situation with a mathematical model or physical representation.

Behavioural Rehearsal

A therapy technique involving the practice of positive behaviors in a safe environment to enhance their use in real-world situations.

Aversion Therapy

Aversion therapy is a form of psychological treatment in which the patient is exposed to a stimulus while simultaneously being subjected to some form of discomfort, with the aim of creating a negative association to reduce or eliminate a problematic behavior.