If the Courts Conclude That the Auditor Is Associated with Misleading

question 16

True/False

If the courts conclude that the auditor is associated with misleading financial statements,even if these statements are in conformity with GAAP,they may conclude that the auditors are fraudulently negligent.

---

Definitions:

Social Media

Platforms and technologies that enable users to create, share content, and participate in social networking.

Cyberbullying

The use of electronic media (web pages, social networking sites, e-mail, Twitter, cell phones) to tease, harass, threaten, or humiliate someone.

Identity Theft

The fraudulent acquisition and use of a person's private identifying information, often for financial gain.

Cybercrime

Crimes committed via the Internet, including identity theft, embezzlement, fraud, sexual predation, and financial scams.