Section 14(a)of the Securities Exchange Act Gives the SEC the Authority

question 23

Multiple Choice

Section 14(a) of the Securities Exchange Act gives the SEC the authority to regulate ________.

• A)the formation of the board of directors of a corporation
• B)mergers between two or more corporations
• C)the issue of shares by a corporation
• D)the solicitation of proxies by a corporation

---

Definitions:

Variable Lubrication Cost

Costs for lubricants that vary with the level of machinery activity or operation hours.

Mixed Cost

A cost consisting both of variable and fixed components, which changes in total in response to changes in activity level but not necessarily in direct proportion.

Least-squares Regression

A method in statistics for finding the optimal line of fit by minimizing the sum of the squared deviations between real and estimated values.

Maintenance Cost

The expenses incurred to keep machinery, equipment, or buildings in operating condition and repair.