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In the Caparo Case, the Court Held That the Auditor

Question 2

Multiple Choice

In the Caparo case, the court held that the auditor owes a duty of care to:


A) all users of the published financial report.
B) only those parties specified in the engagement letter.
C) the shareholders as a body, but not individual shareholders or third parties.
D) all shareholders, but not third parties.

Correct Answer:

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