Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
npeelman npeelman
wrote...
Go to Answer
Posts: 667
Rep: 0 0
6 years ago
A client is suing a PA firm claiming that they are responsible for the losses suffered from a fraud in the payroll department that was not uncovered during the year end testing done by the auditor. The auditors did indicate to management that controls over payroll calculations and payments were weak as there was improper segregation of duties. The auditor's best defence is
A) contributory negligence.
B) absence of negligence.
C) absence of causal connection.
D) no damages.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
Read 59 times
1 Reply
Replies
Answer verified by a subject expert
charleshardtcharleshardt
wrote...
#1
Posts: 448
Rep: 6 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

npeelman Author
wrote...

6 years ago
Thanks
Gamiung3657
wrote...

Yesterday
this is exactly what I needed
homework1
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1216 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 318
  
 241
  
 387