Which of the following elements, if present, would support a finding of constructive fraud on the part of a CPA?
A) Gross negligence in applying generally accepted auditing standards.
B) Ordinary negligence in applying generally accepted accounting principles.
C) Identified third party users.
D) Scienter.
Correct Answer:
Verified
Q2: Which of the following is not required
Q3: To recover against an auditor in a
Q4: The auditor failing to complete the services
Q5: An auditor can be sued by a
Q6: An auditor can be sued by a
Q8: The Securities Exchange Act of 1934:
A)established a
Q9: To prevail in a suit alleging negligence,
Q10: A CPA's duty of due care to
Q11: Which of the following is the best
Q12: An audit client loses a lawsuit and
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