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JohnCena494 JohnCena494
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2 years ago
The U.S. Supreme Court ruled in 1976 in Hochfelder v. Ernst & Ernst that before CPAs could be held liable for Rule 10b-5 of the Securities Exchange Act of 1934, the auditor's ________ would be required to be shown to the court.

▸ ordinary negligence

▸ gross negligence

▸ knowledge and intent to deceive

▸ financial gain at the expense of the plaintiff
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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malgrextoutmalgrextout
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2 years ago
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JohnCena494 Author
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2 years ago
This helped my grade so much Perfect
byehoe
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Yesterday
Good timing, thanks!
SupremeDJ
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2 hours ago
Thanks
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