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22,23,25 need correct answers with explanations

22. The Series Act of 1983 B A) regleding is nie. arlove Creates the l o caties 23. We of the wingerdbou the Secret of 1933 instrue" The p roduce the ClAy pucharyan tyy The planned this the y w din case of the e rencial statements ma 21. According to u s One, w porcie all medio ford of Dy years. 25. When w e quid in the implication is that the disc irty Adest know if the francia B does not believe tha francia CI believes the financial D) believe the financial r em re d pe repeated fairly e r cept for a speci 5/ 55 22. The Securities Act of 1933 A) regulates trading in securities. B) approves and guarantees investments. C) regulates the initial issuance of securities. D) regulates the accounting profession. 23. Which of the following statements about the Securities Act of 1933 is not true? A) The plaintiff must prove damages or an economic loss. B) The plaintiff must prove they read and relied upon the financial statements. C) Any purchaser of securities may sue auditors. D) The plaintiff need not prove that the materially misstated financial statements are the direct cause of the loss. 24. According to Sarbanes-Oxley, accountants performing an audit or review must maintain all engagement documentation for a period of A) 2 years. B) 3 years. C) 5 years. Dy years. 25. Whenever an auditor issues a qualified opinion, the implication is that the auditor: A) does not know if the financial statements are presented fairly. B) does not believe the financial statements are presented fairly. C) believes the financial statements are presented fairly. D) believes the financial statements are presented fairly "except for a specific aspect of them

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