Missouri Can Corporation (MCC) Manufactures and Sells a Variety of Can

Missouri Can Corporation (MCC) manufactures and sells a variety of can types, such as soft drink cans, oil cans and many others.MCC has adopted a functional organization structure that includes departments for accounting, marketing, manufacturing, human resources and information systems.The corporation has recently decided to complete its IPO.Which of the following statements is most true?

A) If MCC has an in-house legal staff as part of its human resources department, it does not need to hire an outside attorney for the IPO.
B) If MCC's accounting manager and chief financial officer are licensed CPAs, it does not need to hire an outside accounting firm for the IPO.
C) Both if MCC has an in-house legal staff as part of its human resources department, it does not need to hire an outside attorney for the IPO and if MCC's accounting manager and chief financial officer are licensed CPAs, it does not need to hire an outside accounting firm for the IPO are true.
D) Neither if MCC has an in-house legal staff as part of its human resources department, it does not need to hire an outside attorney for the IPO nor if MCC's accounting manager and chief financial officer are licensed CPAs, it does not need to hire an outside accounting firm for the IPO is true.