The legal liability of the auditors in the Autonomy case can best be described as resulting from:
A) Liability for gross negligence that constituted fraud
B) No liability because the firms were not sued by Autonomy
C) Liability for failing to inform creditors of a nonexistent bank account carried on Autonomy's books
D) Improper accounting for a merger transaction between Hewlett-Packard and Autonomy
Correct Answer:
Verified
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