Regarding the instituting of sanctions against a practitioner, which of the following is a true statement?Question 3 Select one:a.Regardless of whether or not the practitioner was acting on behalf of an employer or any firm or other entity in connection with the conduct giving rise to a penalty, the Secretary of the Treasury, or delegate, may not impose a monetary penalty on the employer or firm; only on the individualb.The amount of the penalty can exceed the gross income derived (or to be derived) from the conduct giving rise to the penaltyc.Any monetary penalty imposed on a practitioner may be in addition to or in lieu of any suspension, disbarment or censure and may be in addition to a penalty imposed on an employer, firm or other entityd.None of the above are correct