A rule that says that an accountant is liable for negligence to third parties who are foreseeable users of the client's financial statements is known as ________.
A)the foreseeability standard
B)the Ultramares doctrine
C)the due diligence defense
D)Section 552 of the Restatement (Second)of Torts

Question

Quizplus · Accepted Answer

The foreseeability standard holds accountants liable for negligence to third parties who are foreseeable users of the client's financial statements.

A Rule That Says That an Accountant Is Liable for Negligence