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LO 1 Which of the following is not a reason that audit firms con- tinue to experience high levels… 1 answer below » LO 1 Which of the following is not a reason that audit firms con- tinue to experience high levels of litigation?Joint and several liability statutes.Class action lawsuits.Contingent fee compensation for audit firms.A misunderstanding by some users that an unqualified audit opinion represents an insurance policy against investment losses. Nov 30 2015 05:07 PM
