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.
B
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The information contained in the notes receivable register normally is obtained from the general ledger accounts
a. True b. False Indicate whether the statement is true or false
Which of the following modes of transport is likely to be used for transporting low-value bulk commodities such as petroleum, grain, coal, and chemicals by inland waterways?
a. barges b. small boats c. large ships d. yachts
Which sentence is correct?? A) ??If you pay in cash, you will receive a 10 percent off discount
B) ?Shelby received a travel bag as a free gift with her computer purchase. C) During our anniversary sale, customers will receive a special 5 percent discount on their purchases.
Suppose that the market has a 70% chance of being favorable and a 30% chance of being unfavorable. A favorable market will yield a profit of $300,000, while an unfavorable market will yield a profit of $20,000
What is the expected monetary value (EMV) in this situation?