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  3. under common law liability, which of the following

Under common law liability, which of the following must be demonstrated to prevail against auditors...

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Accounting

Under common law liability, which of the following must be demonstrated to prevail against auditors in a claim for ordinary negligence?
A loss was suffered.
Auditors owed the plaintiffs a duty to perform.
Plaintiffs relied on the financial statements.
The loss was caused by reliance on the financial statements.

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