Question: 41 (1.2 points) Under common law, when performing an audit, a CPA: Question 41 options: Must exercise the level of care, skill, and judgment expected
41 (1.2 points) Under common law, when performing an audit, a CPA: Question 41 options: 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 Must strictly adhere to generally accepted accounting principles Is strictly liable for failures to discover client fraud
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