Under Section 11 of the Securities Act of 1933,which of the Following

question 25

Multiple Choice

Under Section 11 of the Securities Act of 1933,which of the following standards may a CPA use as a defense?

• A) Generally accepted auditing standards and generally accepted fraud detection standards.
• B) Generally accepted auditing standards but not generally accepted fraud detection standards.
• C) Generally accepted fraud detection standards but not generally accepted auditing standards.
• D) Neither generally accepted auditing standards nor generally accepted fraud detection standards.

---

Definitions:

Muscle

Tissues in the body capable of contracting, making movement possible and contributing to physical strength.

Denser

Having a higher mass per unit volume; in biological contexts, often referring to tissues or substances with more compact structures.

Storage Fat

Body fat that is stored within adipose tissue as a reserve of energy.

Source Of Energy

The origin or supply from which energy is derived, essential for sustaining biological processes or fueling physical activities.