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Author Question: Under common law, an individual or company that (1) doesnothave a contract with an auditor, (2) is ... (Read 19 times)

Apple716

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  • Posts: 157
on: Aug 21, 2022

Question 1

Under common law, a foreseen user would be treated the same as
◦
A primary beneficiary A known third party
YesYes

◦
A primary beneficiary A known third party
NoNo

◦
A primary beneficiary A known third party
YesNo

◦
A primary beneficiary A known third party
NoYes


Question 2

Under common law, an individual or company that (1) does not have a contract with an auditor, (2) is known by the auditor in advance of the audit, and (3) will use the auditor's report to make decisions about the client company has:
◦ no rights unless an auditor is grossly negligent.
◦ no rights unless an auditor is fraudulent.
◦ no rights against an auditor.
◦ the same rights against an auditor as a client.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Apple716 on Aug 21, 2022

AarionnaH

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Apple716

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

tranoy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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