Examlex
Which of the following substantive procedures would auditors not ordinarily use in evaluating the potential existence of subsequent events?
Actual Cause
The true reason an event occurred, which directly led to the damage or injury, forming a basis for establishing legal liability.
Res Ipsa Loquitur
A legal doctrine that allows the presumption of negligence by proving that the type of accident would not occur without someone's negligence.
Duty to Drive
A legal obligation for drivers to operate vehicles with due care and in accordance with traffic laws.
Bank Damages
Bank damages refer to financial losses or penalties that a bank must pay due to legal judgments, breaches of contract, or other forms of liability.
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