A is corrent. The requirement is to identify the penalties that could be assessed against a CPA who violated intentionally the provisions of Section 10(b), Rule 10b-5 of the Securities Exchange Act of 1934. If a CPA intentionally violated the provisions of Section 10(b), Rule 10b-5 under the Securities Exchange Act of 1934, potential penalties are extensive and include both civil liability of monetary damages and criminal liability of a fine.
B is incorrect. Criminal liability of a fine may also be assessed.
C is incorrect. Civil liability of monetary damages may also be assessed.
D is incorrect. Both may be assessed.
