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Which of the following elements, if present, would support a finding of constructive fraud on the part of auditors? Multiple Choice Actions that demonstrated scienter.

Which of the following elements, if present, would support a finding of constructive fraud on the part of auditors?

Multiple Choice

  • Actions that demonstrated scienter.

  • Ordinary negligence in conducting the engagement.

  • Gross negligence in conducting the engagement.

  • Failure to perform the engagement in accordance with the terms in the engagement letter.

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