Since the Sarbanes-Oxley Act of 2002, both the number of lawsuits and the sizes of awards to plaintiffs in the courts have been reduced against auditors.
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Q15: The term "business failure" has basically the
Q16: The term "audit failure" refers to the
Q17: The term "audit failure" refers to the
Q18: Which of the following factors does not
Q19: The auditor generally owes a duty of
Q21: An example of a breach of contract
Q22: "Absence of reasonable care that can be
Q23: If the CPA negligently failed to properly
Q24: Under the laws of agency, partners of
Q25: Auditors may be liable to their clients
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