Multiple Choice
Which of the following may an auditor use as a defense under the Securities Act of 1933?
A) Contributory negligence.
B) Scienter.
C) Due care.
D) Immaterial loss.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q17: Which of the following is not a
Q18: Gross negligence is a failure to use
Q19: A foreseeable user of audited financial statements
Q20: Contingent fees for lawyers serve as a
Q21: Professional auditing standards and financial accounting principles
Q23: Both the 1933 and 1934 Securities Acts
Q24: A jury has determined that Jason Pruitt,CPA,is
Q25: Generally,auditors can be sued for breach of
Q26: Auditors can be held liable to third
Q27: The occurrence of an important event,such as