A plaintiff may elect to bring a lawsuit against auditors under applicable statutes-including the Securities Act of 1933 and the Securities Exchange Act of 1934-and under common law.For each circumstance,indicate the most likely source of CPA liability by placing the appropriate letter in the third column.
A.The Securities Act of 1933
B.The Securities Exchange Act of 1934
C.Common Law

Correct Answer:
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Q51: Under common law,when performing an audit,a CPA:
A)Must
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Q53: Under common law,which of the following statements
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