If BigCo,Inc.decides to file a registration statement with the SEC,Accounting Firm PLLC can protect itself from potential lawsuits if it has conducted its own due diligence.

Question

Quizplus · Accepted Answer

By conducting its own due diligence, Accounting Firm PLLC can ensure the accuracy and completeness of its audit work and disclosures, which can help protect it from potential lawsuits related to the registration statement filed with the SEC.