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Which of the Following Statements Represents One of the Key

Question 8

Multiple Choice

Which of the following statements represents one of the key criticisms of the Supreme Court of Canada decision in Hercules Management Ltd.v,Ernst & Young?


A) that it establishes too low a standard for the conduct of auditors
B) that it fails to protect professionals
C) that it unreasonably extends personal liability of professionals
D) that it imposes too much liability on professional bodies

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