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Ben,an Accountant,certifies Several Audit Reports on Corporate Business,Inc

Question 41

Essay

Ben,an accountant,certifies several audit reports on Corporate Business,Inc.(CBI),Ben's client,knowing that CBI intends to use the reports to borrow money from Delta Credit Company.Ben believes that the reports are true and does not intend to deceive Delta,but does not check the re?ports before certifying them.Can Ben be held liable to Delta?

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Yes.In this situation,Ben may be liable ...

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