By not specifying if it is am or pm
Answer: Ultramares corporation v. Touche established Ultramares doctrine. Hochfelder v. Ernst & Ernst ruled that scienter is required before CPAs can be held liable.
Explanation:
All the options except the above are true. Ultramares corporation v. Touche did establish the Ultramares doctrine.
United States v. Natelli sentenced two CPAs to prison for a year, in addition to fines, for violating the Securities Exchange Act of 1934.
Bily v. Arthur Young did not uphold the restatement doctrine. The restatement doctrine restatement doctrine makes an auditor liable to people who rely on the quality of his work be they his clients or third parties. Two high courts ruled that auditors are not liable to third parties who use their work but only to the party that contracted their work.
However, Hochfelder v. Ernst & Ernst ruled that an allegation of scienter (an intention to deceive) is not required before CPAs can be held liable as long as the actions constitute actual deception.
While rule 10b-5 of the Exchange Act states the presence of scienter as a requirement to commit an offense, the court ruled against the statute by eliminating the Scienter clause from criminal statute and ruled against Ernst & Ernst.
Answer:
Consistency
Explanation:
In psychology, the term behavioral consistency refers to the tendency that people have to behave in a similar manner to the one in which they behaved in the past or in another environment. In other words, we can predict how people will behave based on its previous behaviors because there's a consistency to it.
In this example, <u>Sally is shy when she is in class, with friends and when she is with her family. </u>Therefore, we can see that there is a consistency in her behavior and <u>she tends to act in pretty much the same way no matter the environment. </u>Thus this example demonstrates the concept of behavioral consistency.
I think the answer is letter <span>B. Democracy spread, and the United States became the world’s sole superpower
The fall of USSR had allowed democracy and independence amongst the countries that were under the USSR. Gorbachev unknowingly gave people the right to express themselves. With USSR down, the US was able to stop the cold war and become a superpower.
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