In a violation of the Securities Act of 1933, a CPA delivered an unqualified opinion on a company's financial statements that sold common stock in a public offering. The CPA is now being sued by an investor who acquired shares of this public offering all due to that financial statement misstatement. Which approach represents a feasible defense for the CPA? The investor has not proved fraud or negligence by the CPA. O The auditor can prove that all or part of the losses were caused by something other than the financial statements included in the registration statement. O The CPA detected the false statement after the audit date. O The false statement is material in the overall context of the financial statements