Auditing & Assurance Services 6th Edition by Timothy Louwers

تمرين 498

Assume that auditors lost a civil lawsuit for damages and the court found total losses of $5 million. If the auditors were determined to be 30 percent at fault and were the only solvent defendants, what is the auditors' likely obligation under proportionate liability?
A) $5,000,000.
B) Zero.
C) $2,250,000.
D) $1,500,000.