Typical Defenses for Auditors in Common Law Actions Include All

question 48

Multiple Choice

Typical defenses for auditors in common law actions include all of the following,except

• A)The plaintiff was foreseen.
• B)The plaintiff contributed to the failure to detect material misstatements.
• C)The financial statements were not materially misstated.
• D)The audit was conducted in accordance with generally accepted auditing standards.

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Definitions:

Sixteenth

Referring to being in the position of number sixteen in a sequence; the ordinal form of the number sixteen.

Jews

An ethnoreligious group originating from the Israelites or Hebrews of the ancient Middle East, known for their shared heritage, religion (Judaism), and traditions.

Serfdom

A condition of bondage or modified slavery in which an individual is tied to owning land and owes service and labour to the landowner.

Unpopulated Parts

Areas or regions that are not inhabited by people.