Randi, an Accountant, Includes a False Statement in a Report

Multiple Choice

Randi, an accountant, includes a false statement in a report for Social Media Marketing, Inc., that is filed with the Securities and Exchange Commission. When Theo buys stock in Social Media and loses money on the investment, he files a suit against Randi, alleging fraud under the 1934 Securities Exchange Act. To avoid liability, Randi can show that she​

A) ​intended to defraud Social Media, not Theo.
B) ​intended to profit on stock trades generally, not only Theo's.
C) ​is an otherwise competent accountant.
D) ​had no knowledge that her statement was false.