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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 313
Which of the following defenses would be least helpful to West in avoiding liability to Hex?
A) West was not in privity of contract with Hex.
B) West conducted the audit in accordance with GAAS.
C) Hex's losses were caused by factors other than the misstatements.
D) Hex knew of the misstatements when Hex acquired the preferred stock.
A) West was not in privity of contract with Hex.
B) West conducted the audit in accordance with GAAS.
C) Hex's losses were caused by factors other than the misstatements.
D) Hex knew of the misstatements when Hex acquired the preferred stock.
Explanation
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H sued W for auditing and giving reports...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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