Author Question: Auditors are only liable under the 1933 Act if they intentionally misrepresent financial statements. ... (Read 143 times)

nevelica · **on:** Jun 24, 2018

Auditors are only liable under the 1933 Act if they intentionally misrepresent financial statements.
Indicate whether the statement is true or false

Question 2

Under the Watkins precedent what is the extent to which an employer can monitor personal phone calls to employees within the ordinary course of business exemption of the federal wiretapping law?

chjcharjto14 · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

F

Answer to Question 2

An employer can only monitor the personal calls of employees to the extent necessary to guard against unauthorized use of the telephone or to determine whether the call is personal. Once the call is determined to be personal, the employer must stop listening immediately. The employer may confront the employee with the fact that a personal call was made or received in violation of company policy, and the employer may take appropriate disciplinary procedures to enforce its business rules.