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Question 5 ( 1 point ) Management failed to put in a system of adequate internal controls. The public accounting firm uncovered the weakness, but
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Management failed to put in a system of adequate internal controls. The public
accounting firm uncovered the weakness, but did not report it to the Board members
of the company. What kind of liability, if any, would the auditors be exposed to
breach of contract
negligence
both a and b
no liability
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