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Which rule is followed by states with respect to accountant

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Question 1: Case addresses an accountant's liability to third parties. There are three theories of accountant's liability that you will need to know for the CPA exam. The first is the Ultramares Rule (also known as the New York Rule). What are the other two? Which rule is followed by most states with respect to accountant's liability to third parties?

Reference no: EM132916511

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