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Gert,an Accountant,contracts to Conduct an Audit for Hailey

Question 36

Multiple Choice

Gert,an accountant,contracts to conduct an audit for Hailey.In per?forming the audit,Gert fails to detect certain misconduct.Gert is most likely


A) liable if a normal audit would have revealed the misconduct.
B) liable if Gert issues a specifically qualified opinion.
C) not liable if Gert generally disclaims any liability.
D) not liable if the misconduct was due to Hailey's negligence.

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