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B) Mr. James Hooton of Arthur Andersen called Auditors the Keepers of the Holy Grail. What did Mr. Hooton mean by this? What is the

B) Mr. James Hooton of Arthur Andersen called Auditors the "Keepers of the Holy Grail". What did Mr. Hooton mean by this? What is the role that auditors play in society? How do auditors assist in the establishment of an efficient marketplace (include a discussion of the efficient market hypothesis)?

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