Identify the regulation that created an entity which insures investors from possible losses if an investment house enters bankruptcy.
A. Federal Deposit Insurance Protection Act
B. Federal Bankruptcy Act
C. Investment Advisers Act
D. Securities Investor Protection Act
Answer: D
You might also like to view...
Which of the following might be detected by an auditor's review of the entity's sales cutoff?
A. Excessive goods returned for credit. B. Lapping of year-end accounts receivable. C. Unrecorded sales discounts. D. Overstated sales for the year.
Which type of organizational structure can be described as having the benefit of no layers of management, which allows decisions to be made and implemented quickly?
a. Simple b. Functional c. Matrix d. Divisional
Vertivius, a gaming device manufacturer, entered the gaming market only after conducting a thorough survey of the potential customer base. Vertivius waited for five years before introducing its unique product—the first handheld gaming device—in the market. It introduced this product after ensuring that it would be embraced by the customers. In this scenario, Vertivius:
A. has a high speed-to-market. B. is a leading-edge firm. C. uses the concept of fast-laning. D. is a bleeding-edge firm.
What is the 25th percentile also known as?
a.Q1 b.Q2 c.Q3 d.Q4