The auditor's defense of contributory
negligence is most likely to prevail when
a. Third party injury has been minimal.
b. The client is privately held as contrasted
with a public company.
c. Undetected errors have resulted in
materially misleading financial
statements.
d. The auditor fails to detect fraud
resulting from management override
of the control structure
negligence is most likely to prevail when
a. Third party injury has been minimal.
b. The client is privately held as contrasted
with a public company.
c. Undetected errors have resulted in
materially misleading financial
statements.
d. The auditor fails to detect fraud
resulting from management override
of the control structure