An individual who is not party to the contract between a CPA and the client, but who is known by both and is intended to receive certain benefits from the contract is known as
A) a third party.
B) a common law inheritor.
C) a tort.
D) a third-party beneficiary.
Correct Answer:
Verified
Q25: Auditors may be liable to their clients
Q26: Which of the following most accurately describes
Q27: Laws that have been passed by the
Q28: Fraud occurs when
A) a misstatement is made
Q29: In the performance of an audit, a
Q31: A third-party beneficiary is one which
A) has
Q32: The standard of due care to which
Q33: Which of the following most accurately describes
Q34: Distinguish between what is meant by business
Q35: Privity of contract exists between
A) auditor and
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