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awaldrop928 awaldrop928
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6 years ago
Under the liability provisions of Section 11 of the Securities Act of 1933, an auditor may help to establish the defense of due diligence if: I. The auditor performed an additional review of the audited statements to ensure that the statements were accurate as of the effective date of a registration statement. II. The auditor complied with GAAS.
 a. I only
  b. II only
  c. Both I and II
  d. Neither I nor II
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kimmazkimmaz
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6 years ago
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