Dave an accountant prepares a financial statement for excel, Management Theories

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Dave an accountant prepares a financial statement for excel

Dave, an accountant, prepares a financial statement for Excel Company, a client, knowing that Excel will use the statement to obtain a loan from First National Bank. Dave makes negligent omissions in the statement that result in a loss to the bank. Can the bank successfully sue Dave? Why or why not?

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Management Theories: Dave an accountant prepares a financial statement for excel

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