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34. Which of the following is an illustration of liability to clients under common law? (2 points) a. A client sues the auditor for not
34. Which of the following is an illustration of liability to clients under common law? (2 points) a. A client sues the auditor for not discovering a theft of assets by an employee. b. A bank sues the auditor for not discovering that the borrower's financial statements are misstated. c. A combined group of stockholders sues the auditor for not discovering materially misstated financial statements. d. The federal government prosecutes the auditor for knowingly issuin
g an incorrect audit report.
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