Niles,an Accountant,certifies Several Audit Reports on Optimal Operational Processes,Inc

question 20

Essay

Niles,an accountant,certifies several audit reports on Optimal Operational Processes,Inc.,Niles's client,knowing that the company intends to use the reports to borrow money from Prime Business Lending Company to buy new equipment.Niles believes that the reports are true and does not intend to deceive Prime Business,but does not check the reports before certifying them.Can Niles be held liable to Prime Business

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Definitions:

Occipital Lobe

The region of the cerebral cortex located at the back of the brain, responsible for processing visual information.

Withdrawal Response

A defensive reaction to a threat or pain, characterized by pulling away or retreating.

Obvious Stimulus

A stimulus that is easily perceived or recognized by an individual due to its distinct characteristics.

Sensory Nerves

Nerves that transmit sensory information from the body's periphery to the central nervous system, enabling perception.