A lack of reasonable care that may be characterized by the failure of auditors to follow GAAS

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A lack of reasonable care that may be characterized by the failure of auditors to follow GAAS in the conduct of the audit is known as
a. Constructive fraud.
b. Fraud.
c. Gross negligence.
d. Ordinary negligence.

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Question Posted: Oct 27, 2014 06:03 AM

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A lack of reasonable care that may be characterized by the failure of auditors to follow GAAS

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a Incorrect Constructive fraud represents reckless behavior not a lack of reasona...View the full answer

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