Does Javier's disclaimer in his opinion letter protect him from liability?
A) Yes,as long as the disclaimer was part of the opinion letter.
B) Yes,because a qualification will limit liability.
C) No,because the disclaimer is broad and general.
D) Yes,but only if he properly applied GAAP and GAAS.
E) Yes,because a disclaimer protects an accountant from liability based on failure to detect fraud.
Correct Answer:
Verified
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