Financial statements are prepared following a(an)

A		Appropriate subject matter.
B		Generally accepted auditing standards.
C		Set of quality control standards.
D		Applicable financial reporting framework.

Which of the following is the best defense that a CPA can assert against common law litigation by a stockholder claiming fraud based on an unqualified opinion on materially misstated financial statements?

	A	A disclaimer contained in the engagement letter.
	B	Contributory negligence on the part of the client.
	C	Lack of due diligence.
	D	Due professional care.