Ben,an Accountant,certifies Several Audit Reports on Corporate Business,Inc

question 12

Essay

Ben,an accountant,certifies several audit reports on Corporate Business,Inc.(CBI),Ben's client,knowing that CBI intends to use the reports to borrow money from Delta Credit Company.Ben believes that the reports are true and does not intend to deceive Delta,but does not check the re?ports before certifying them.Can Ben be held liable to Delta?

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Definitions:

Preliminary Tool

An initial instrument or technique used in the early stages of research to help gather data, assess theories, or guide a study's direction.

Large Number

A numerical value that is significantly higher than most common numbers in a given context, often beyond simple counting or immediate comprehension.

Qualitative Variable

A variable that represents types or categories rather than numerical values.

Multiple Regression

An analytical approach that employs a number of independent variables to determine the outcome of a target variable.