In the Miller Energy Resources Case, the SEC Found That

In the Miller Energy Resources case, the SEC found that:

A) Held the auditors were not liable because they exercised due care and professional skepticism.
B) Held the auditors liable because they failed to gather sufficient, competent evidential matter to assess the value of assets on the financial statements.
C) Held the auditors liable because they colluded with management to misrepresent the value of assets on the financial statements.
D) The auditors were not liable because they met all professional standards.