Question

Joe Smith is a recent graduate from Sunset College. While at Sunset College he majored in Business. In his interview for an auditor position at Supermart Inc. Mr. Smith convinced the hiring manager he knew enough accounting to perform the job, but in fact Mr. Smith does not understand Generally Accepted Auditing Standards (GAAS). Mr. Smith has failed to show professional care and could be liable for his actions as an auditor because of his lack of skills.

Answer

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