Examlex

Solved

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


Definitions:

Issues

Important topics or problems for debate or discussion.

Proposition

A statement that expresses a complete thought and can be either true or false.

Premise

A proposition in an argument that supports the conclusion.

Premise Indicator

Words or phrases used in arguments to signal the beginning of a premise, such as "because," "since," or "for the reason that."

Related Questions