A disclaimer that protects an accountant from liability for inaccurate reporting of certain specified financial information will be held valid if the accountant had no means of examining the information.
Correct Answer:
Verified
Q1: Disclaimers of liability are not valid, even
Q2: The standards for malpractice are the same
Q3: The contact rule does not require that
Q4: In an action for breach of contract,
Q6: A client may only recover tort damages
Q7: Following GAAP and GAAS is persuasive but
Q8: Under the known-user rule the identity of
Q9: An accountant who fails to render services
Q10: An accountant may be liable for malpractice
Q11: New York follows the contact rule in
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