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 Com?mission. When Theo buys stock in Social Media Marketing 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 Marketing, not Theo.
B) intended to profit on stock trades generally, not only Theo's.
C) is an otherwise competent accountant.
D) was not aware her statement was false.