An accountant is liable for fraud to:
A) only her client.
B) only her client and any known user of her information.
C) any foreseeable user of her work product who justifiably relied on it.
D) any third party who used the information contained in her work product.

Question

Quizplus · Accepted Answer

An accountant is liable for fraud to any foreseeable user of her work product who justifiably relied on it. This means that third parties who used the information contained in her work product can also hold her liable for fraud if they can prove that they reasonably relied on the information and suffered damages as a result. Therefore, options A, B, and D are not entirely accurate.

An Accountant Is Liable for Fraud To