If an accounting firm is sued for negligently preparing a faulty financial report for a company, it is likely that the accounting firm is:
a. not liable; a reasonable number of mistakes are expected to occur
b. liable if the mistake is one that an ordinary person (any person off the street) would have not made c. held subject to a special statutory standard of care
d. held to have violated the principles of strict liability e. none of the other choices
e
Business
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It costs about ___________ times as much to attract a new customer as it costs to keep our
current customers. a. 100 b. twenty c. five d. three
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Any action taken by a financial manager that increases risk will also increase the required return
Indicate whether the statement is true or false
Business