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What Is the Key to Limiting the Duty of Care

Question 27

Multiple Choice

What is the key to limiting the duty of care owed by an auditor to third parties as defined by the foreseeability principle?


A) a statutory prohibition against reliance by third parties
B) the purpose of performing an audit is mandated by law
C) a statutory amendment allowing limited liability partnerships
D) a disclaimer against relying on information from third parties

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