ACC 403 help A Guide to career/Snaptutorial ACC 403 help A Guide to career/Snaptutorial | Page 114

1. Which of the following most accurately describes constructive fraud? 2. Laws that have been passed by the U.S. Congress and other governmental units are: 3. "Absence of reasonable care that can be expected of a person in a set of circumstances" defines: 4. A broad interpretation of the rights of third-party beneficiaries holds that users that the auditor should have been able to foresee as being likely users of financial statements have the same rights as those with privity of contract. This is known as the concept of: 5. Which of the following most accurately describes fraud? 6. The assessment against a defendant of the full loss suffered by a plaintiff regardless of the extent to which other parties shared in the wrongdoing is called: 7. Management assertions are: 8. The responsibility for the preparation of the financial statements and the accompanying footnotes belongs to: