Question: 4 8 , 1 . 6 6 points Under common law, when performing an audit, a CPA: Must strictly adhere to generally accepted accounting principles.

48,1.66 points
Under common law, when performing an audit, a CPA:
Must strictly adhere to generally accepted accounting principles.
Is strictly liable for failures to discover client fraud.
Must exercise the level of care, skill, and judgment expected of a reasonably prudent CPA under the circumstances.
Is not liable unless the CPA commits gross negligence or intentionally disregards generally accepted auditing standards.
48,1.66 points Under common law, when performing an audit, a CPA:

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