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21 0/2 Able Industries hired Jimmy Jones, CPA to audit the company's financial statements. The statements were needed by Able by March 1st and this

21 0/2 Able Industries hired Jimmy Jones, CPA to audit the company's financial statements. The statements were needed by Able by March 1st and this was agreed to in the engagement letter. Jimmy Jones did not complete the audit unit March 10th. Able Industries would. most likely sue Jimmy for breach of contract most likely sue Jimmy for negligence most likely sue Jimmy for gross negligence not be able to sue Jimmy since there is no auditing standard that requires the auditor to complete work as of a particular date

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