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Under the Foreseeability Standard, an Accountant Is Liable Even If

question 9

True/False

Under the foreseeability standard, an accountant is liable even if he or she had no knowledge of the intended user of the audited financial statements.


Definitions:

Androgen Insensitivity Syndrome

A genetic condition where a person who is genetically male is resistant to male hormones (androgens) and thus has some or all of the physical traits of a woman, but the genetic makeup of a man.

Klinefelter Syndrome

A genetic condition affecting males, characterized by an extra X chromosome, which can lead to symptoms such as reduced testosterone levels and fertility issues.

Gonadal Dysgenesis

A condition of underdeveloped or malformed gonads resulting in a wide range of disorders related to sexual development.

Androgen Insensitivity Syndrome

A condition that affects sexual development before birth and during puberty, making the body partially or completely unable to respond to male sex hormones.

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