IRC Section $6695$ provides for seven distinct penalties that may be assessed on a tax return preparer for actions related to disc and client dealings. Which of the following statements is not correct concerning the first five $($Failure to Furnish Copy to Taxpay Failure to Sign Return; Failure to Furnish Identifying Number; Failure to Retain Copy or List; and Failure to File Correct Informatic Returns$)$ and preparer penalties that may be imposed?

Select one:

a$.$ There is no dollar limitation for the maximum preparer penalty that may be imposed for any of these five penalties

b$.$ The statutory maximum penalty for any of these five penalties is now adjusted annually for inflation

c$.$ These five penalties include mbnetary fines that may be assessed on a tax return preparer

d$.$ These penalties that may be assessed on a tax return preparer are for actions related to disclosures and client dealings