Which of the Following Is Not Likely a Factor in the Increase

question 95

Multiple Choice

Which of the following is not likely a factor in the increase in the number of lawsuits and sizes of awards to plaintiffs related to auditor behavior?

• A) Increased awareness of auditor responsibilities by users of financial statements.
• B) CPA firms are more willing to settle lawsuits.
• C) Difficulty judges and jurors have in understanding legal matters.
• D) Increased consciousness on the part of the SEC for its responsibility to protect investors.

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Definitions:

Interdisciplinary Teams

Groups comprised of professionals from diverse fields working collaboratively towards common goals, particularly in healthcare, education, or research.

Using Informatics

The practice of employing information technology and data to support and improve healthcare outcomes, management, and the delivery of patient care.

Assisted Living

A residential option for elderly or disabled people who require some level of assistance with daily activities but do not need full-time care.

Independence

The state or quality of being self-governing and free from external control or support, often related to individuals or nations.