To Hold Auditors Liable Under the Securities Act of 1933,third

question 9

Multiple Choice

To hold auditors liable under the Securities Act of 1933,third parties have to show

• A)the auditor was negligent in performing the audit
• B)the audited financial statements contained a material misrepresentation or omission
• C)the auditor was fraudulent in performing the audit
• D)the auditor attempted to deceive users of the financial statements

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