Criminal Liability for Accountants

Multiple Choice

Criminal liability for accountants

A) is not an option under securities law;there is only civil liability.
B) is possible under the Securities Act of 1933,the 1934 Act,state securities laws,and the Internal Revenue Code.
C) may result in fines but not imprisonment from violation of the federal securities laws.
D) will result from violation of the accountant-client privilege under federal law.