In an effort to help one of her corporate customers avoid paying a large amount for
income tax, Jenny an accountant provided an inaccurate financial statement to the company which later submitted it in support of its tax return.
The fraud was discovered by Revenue Canada. Which of the following statements is correct?
A) Jenny may be held liable for up to 50% of the amount of the fraud.
B) Jenny may be held liable for up to 75% of the amount of the fraud
C) Jenny may be held liable for up to 100% of the amount of the fraud
D) Jenny may be held liable for up to 25% of the amount of the fraud
E) Jenny may be held liable for up to 40% of the amount of the fraud
A
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