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ia45122 ia45122
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A year ago
Which of the following statements about the Securities Act of 1933 is not true?

▸ A third party that purchased securities described in the registration statement may sue the auditor for material misrepresentations or omissions in the audited financial statements.

▸ A third-party user does not have the burden of proof that he/she relied on the financial statements.

▸ A third-party user has the burden of proof that the auditor was either negligent or fraudulent in doing the audit.

▸ A third-party user does not have the burden of proof that the loss was caused by the misleading statements.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
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sbbaltsbbalt
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A year ago
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ia45122 Author
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A year ago
Good timing, thanks!
Mcb
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Yesterday
Brilliant
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2 hours ago
Thank you, thank you, thank you!
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