Which of the following is the federal government agency that regulates U.S. securities markets?

A) New York Stock Exchange
B) Federal Reserve
C) Commerce Department
D) Securities and Exchange Commission
E) Treasury Department


Answer: D
Explanation: D) The SEC must approve a new security before it is brought to market.

Business

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A quality audit is one performed "in accordance with generally accepted auditing standards (GAAS) to provide reasonable assurance that the audited financial statements and related disclosures are presented in accordance with generally accepted accounting principles (GAAP) and (2) are not materially misstated whether due to errors or fraud."

a. True b. False Indicate whether the statement is true or false

Business

A check is a _________________________ and as such is considered a substitute for money.

Fill in the blank(s) with the appropriate word(s).

Business

In your regular goods and services consumption activities, you purchase products for resale and for use in your daily operations. You also purchase products that you will use to produce other products. Based on this information, which of the following best describes the type of market you are part of?

A. B2C market B. Business market C. Consumer market D. Distributor market E. Reseller market

Business

An Environmental Impact Statement must be prepared for every major federal action that significantly affects the quality of the environment

Indicate whether the statement is true or false

Business