Question: Identify when common law liability may exist. ( Check all that apply. ) Multiple select question. The plaintiff relied on the financial statements The client

Identify when common law liability may exist. (Check all that apply.)
Multiple select question.
The plaintiff relied on the financial statements
The client or a third-party suffers a financial loss
The financial statements relied on are found to be materially misstated
The financial statements relied on leads to a loss
Auditors establish there was no substantiated performance
An audit failure has occurred

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