GAAPs and GAASs are used to determine the conduct of a "reasonable accountant" in negligence suits.

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GAAPs (Generally Accepted Accounting Principles) and GAASs (Generally Accepted Auditing Standards) are used as a standard for determining the conduct of a "reasonable accountant" in cases of alleged professional negligence. These principles and standards help establish the benchmark against which the conduct of a professional will be judged in a court of law.

GAAPs and GAASs Are Used to Determine the Conduct of a "Reasonable