D- None of the above answers is correct one. 9- The auditor can be held liable for the incorrect opinion if: A- The auditor exercised due care in performing the audit. B- The auditor conducted an adequate audit. C- The auditor did not exercise due care in performing the audit. D- None of the above answers is correct one. 10- The difference between what an auditor's responsibilities are and what the user expects from the auditor is: A-Business failure. B- The expectation gap. C- Audit failure. D-Audit risk. 11- Sources of legal liability of auditors include all of the followings, except: A-Liability to clients. B-Liability to third parties under common law. C-Civil liability under federal securities laws. D- Criminal liability. E- All of the above answers are correct ones. 12-The most common source of lawsuits from clients against CPAs is about: A- Negligent acts. B- Audit failure. C- Business failure. D-Audit risk 13- Fraud includes: A- Fraudulent Financial Reporting. B- Misappropriation of Assets. C-Unintentional misstatement D- Both A & B are correct. 14- The event where assets are being taken from their rightful owners (the company) is: A- Fraudulent Financial Reporting. B- Misappropriation of Assets. C-Unintentional misstatement. D- Both A & B are correct