Under which common law approach are auditors most likely to be held liable for ordinary negligence to a "reasonably foreseeable" third party?

A. Restatement of Torts Approach.
B. Rosenblum Approach.
C. Ultramares Approach.
D. Due Diligence Approach.


Answer: B

Business

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Only events that can be measured will be reflected in the journal entries

a. True b. False Indicate whether the statement is true or false

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The landlord may evict the tenant if he or she:

A. does not protect the property from criminals. B. does not maintain common areas of the property. C. subleases the property or assigns the property to someone else. D. does not pay rent.

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Compare and contrast the five conflict resolution styles.

What will be an ideal response?

Business

The maturity date of a note receivable:

A. Is the day the note is due to be repaid. B. Is the day of the credit sale. C. Is the date of the first payment. D. Is the day the note was signed. E. Is the last day of the month.

Business