1. under the securities act of 1933, initial purchasers of securities may sue the auditors for misleading audited financial statements and need not prove that they relied on the financial statements. the burden of proof is on the auditors to prove that they were in the performance of their work. 2. when cpas are associated with a possibility exists that the client may misinterpret the extent of the cpas' services and believe that the accountants are acting as auditors. 3. a document including audited financial statements that must be filed with the sec by any company intending to sell its securities to the public through the mails or interstate commerce is called a 4. when damage to another is directly attributable to a wrongdoer's act, is said to exist. 5. an is the written contract summarizing the relationship between the auditors and the client.

1. Under the Securities Act of 1933, initial purchasers of securities may sue the auditors for misleading audited financial statements and need not prove that they relied on the financial statements. The burden of proof is on the auditors to prove that they were relied in the performance of their work.

2. When CPAs are associated with unaudited financial statements

, a possibility exists that the client may misinterpret the extent of the CPAs' services and believe that the accountants are acting as auditors.

3. A document including audited financial statements that must be filed with the SEC by any company intending to sell its securities to the public through the mails or interstate commerce is called a Form S-1.

4. When damage to another is directly attributable to a wrongdoer's act, proximate cause is said to exist.

5. An engagement letter is the written contract summarizing the relationship between the auditors and the client.

multiculturalism is a particular subject of debate in certain european nations that are associated with the idea of a single nation within their country. critics of multiculturalism may argue against cultural integration of different ethnic and cultural groups to the existing laws and values of the country.

so yes, multiculturalism can (and usually does) result in the host country/continent losing its culture, identity and linguistics, especially due to the raw numbers of demographic transitions.

explanation:

answer; (inseparability);