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An Accountant Is Liable for Negligence Only to Those Parties

Question 67

Multiple Choice

An accountant is liable for negligence only to those parties in a limited class of intended users under which standard of accountant liability to third parties?


A) the Ultramares doctrine
B) the Restatement (Second) of Torts standard
C) the strict liability standard
D) the foreseeability standard
E) the auditing liability standard

Correct Answer:

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