Multiple Choice
The court found that Roberts & Associates had performed a negligent audit of Pinnacle Ltd, but the plaintiff did not receive damages because the court found insufficient proof of causation.Causation means that:
A) the auditor caused the misstatement of the financial report.
B) the auditor's failure to perform a proper audit caused the damages.
C) the auditor was negligent, but the plaintiff suffered no real damages.
D) the plaintiff was an unforeseen third-party user of the financial report.
Correct Answer:
Verified
Correct Answer:
Verified
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