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The Rosenblum case ruling was of concern to the accounting profession because it implied that: A ) Full joint and several liability would be reinstated.
The Rosenblum case ruling was of concern to the accounting profession because it implied that:
A Full joint and several liability would be reinstated.
B All possible third party users of financial statements must be anticipated
C The concept of contractual privity would no longer be important.
D Financial liability would occur when scienter was proven.
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