Under the liability provisions of Section 11 of the Securities Act of 1933,an auditor may help to establish the defense of due diligence if
I.The auditor performed an additional review of the audited statements to ensure that the statements were accurate as of the effective date of a registration statement.
II.The auditor complied with GAAS.

Question

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Under the liability provisions of Section 11 of the Securities Act of 1933,an auditor may help to establish the defense of due diligence if
I.The auditor performed an additional review of the audited statements to ensure that the statements were accurate as of the effective date of a registration statement.
II.The auditor complied with GAAS.

Under the Liability Provisions of Section 11 of the Securities