In Establishing That the Third Party Relied on the Financial

Multiple Choice

In establishing that the third party relied on the financial statements, one factor that works against plaintiffs' establishing such reliance is:

A) Fraud did not exist
B) Damages or loss suffered by the plaintiff would not have occurred regardless of whether the audited financial statements were misstated
C) Damages or loss suffered by the plaintiff would have occurred regardless of whether the audited financial statements were misstated
D) Negligence did not exist