Violations of GAAPs or GAASs are prima facie evidence of negligence.

Name: Violations of GAAPs or GAASs are prima facie evidence of negligence.
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Question

Quizplus · Accepted Answer

Violations of Generally Accepted Accounting Principles (GAAPs) or Generally Accepted Auditing Standards (GAASs) are considered a breach of professional duty and can be used as prima facie evidence of negligence. This means that if a professional fails to adhere to GAAPs or GAASs, it can be assumed that they were negligent in their work.

Violations of GAAPs or GAASs Are Prima Facie Evidence of Negligence