The AWA case established that:
A)reasonable care and skill means following the auditing standards.
B)auditors have a duty to closely supervise and review the work of inexperienced audit staff.
C)auditors are only liable for the proportion of damages attributable to their actions.
D)auditors have a duty of care only to the shareholders as a group.

Question

Quizplus · Accepted Answer

The Answer of The AWA case established that:
A)reasonable care and skill means following the auditing standards.
B)auditors have a duty to closely supervise and review the work of inexperienced audit staff.
C)auditors are only liable for the proportion of damages attributable to their actions.
D)auditors have a duty of care only to the shareholders as a group.

The AWA Case Established That