menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 48: Professional Liaility and Accountability
  5. Question
    An Accountant Who Performs an Audit Is Liable for Failing
Solved

An Accountant Who Performs an Audit Is Liable for Failing

Question 39

Question 39

True/False

An accountant who performs an audit is liable for failing to detect misconduct even if a normal audit would not have revealed it.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q32: Longhaul Freight,Inc.,files a suit against Midge,an accountant,under

Q33: An attorney may be liable in negligence

Q34: Generally,an accountant must possess the skills that

Q35: Jim,an accountant,contracts to perform services for Kasey.Jim

Q36: In no states are communications between an

Q37: Penelope is an attorney.Penelope's conduct is governed

Q38: Pat,an accountant,includes a false statement in a

Q40: An innocent professional is never liable for

Q41: A professional's gross negligence in performing a

Q42: Craig is an accountant whose clients include

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines