Which of the following does not apply when a civil or criminal action lawsuit is

Question

Which of the following does not apply when a civil or criminal action lawsuit is brought against an auditor under the Securities Act of 1933? a. The auditor (defendant) may use "non-negligent performance" as a defense in court. b. The auditor committed a criminal offense if s/he were found "guilty of knowing complicity" in security fraud. diligence. "beyond a reasonable doubt." c. The auditor (defendant) is liable for not performing his/her professional services with "due ·The auditor (defendant) has no burden of proof concerning “preponderance of the evidence" or

Explanation / Answer

If any doubt please comment

d) the auditor has no burden of proof concerning preponderance of evidence or abeyond a reasonable doubt. As for cases brought under Securities Act, due dilegence is prime important, and he camn also use non negligent peformance as defrnse in court. But option d wont apply to it

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.