In Which of the Following Ways Can an Accountant Defeat

question 39

Multiple Choice

In which of the following ways can an accountant defeat the imposition of liability under Section 18(a) ?

• A) if he or she can show that the misleading statement was made to protect the company from bankruptcy
• B) if he or she had acted out of recklessness
• C) if he or she was an employee to the plaintiff
• D) if he or she can show that the plaintiff had knowledge of the false statement

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Definitions:

Bias

A systematic error or deviation in results or inferences from the truth, often resulting from process flaws or assumptions that affect the validity of results.

Responses

In statistics, the answers or reactions of subjects from a survey or experiment.

Members

Individuals or entities that belong to a group, organization, or set.

Stratified Random Sample

A stratified random sample is a sampling method that divides the population into smaller groups, or strata, and randomly selects samples from each stratum.