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Q15. Which of the following is an illustration of a liability to clients under common law? A Federal government prosecutes auditor for knowingly issuing an

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Q15. Which of the following is an illustration of a liability to clients under common law? A Federal government prosecutes auditor for knowingly issuing an incorrect audit report. B Client sues auditor for not discovering a theft of assets by an employee. C Bank sues auditor for not discovering that borrower's financial statements are misstated D Combined group of stockholders sue auditor for not discovering materially misstated financial

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