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Stewart, CPA, was engaged to complete the audit of Wilson Company. In performing the audit Stewart made a mistake in judgment regarding some evidence. As a result an embezzlement of funds by an employee was not discovered. The mistake did not rise to the level of negligence. Which of the following statements is true regarding Stewart’s liability in this case? A. Stewart likely will be held liable for breach of contract. B. Stewart likely will be held liable for failure to use due care. C. Stewart likely will be held liable for making an untrue statement. D. Stewart likely will not be held liable. |