1. The Racketeer Influenced and Corrupt Organization Act (RICO) requires all SEC -regulated companies to maintain reasonably complete and accurate records and an adequate system of internal control._____________ true or false
2. To date, there have been no CPAs sentenced to prison terms for criminal charges associated with an audit of financial statements.____________ true or false
3. One focus of the efforts of the Coalition to Eliminate Abusive Securities Suits (CEASS) was to have a federal law passed that would significantly reduce potential damages in securities-related litigation against CPA firms by having joint and several liability replace separate and proportionate liability.___________true or false