Assessment question 6 Assume Client adequately disclosed the transaction, but a reportable transaction understatement penalty was assessed. What are the two most probable outcomes per the Client Impact > Penalty Exposure job aid page under Client Impact? Choose the correct answer, and then select Confirm. A. A $50,000 failure to file penalty and a 30% understatement penalty B. A $50,000 failure to file penalty and a 20% understatement penalty C. A 30% understatement penalty and disclosure of the penalty in Client's annual filings with the SEC D. A 20% understatement penalty and disclosure of the penalty in Client's annual filings with the SEC