The Defendant-Auditors in the Anjoorian Case Argued, in Their Defense

Multiple Choice

The defendant-auditors in the Anjoorian case argued, in their defense, that:

A) To be found guilty to third parties, the court must find that an accountant had contemplated a specific transaction for which the financial statement will be used and that no such transaction was contemplated.
B) The plaintiff's theory of damages did not meet the foreseen legal criteria
C) They had no liability to the client because the client did not rely on the audited financial statements
D) They followed generally accepted auditing standards