Which of the Following Includes a Provision That Requires Public

question 54

Multiple Choice

Which of the following includes a provision that requires public companies to set policies to allow executive compensation to be taken back if it was based on inaccurate financial statements that did not comply with accounting standards?

• A)The American Recovery and Reinvestment Act (ARRA)
• B)The Troubled Asset Relief Program (TARP)
• C)The Financial Accounting Standards Board Statement 123 R
• D)The Dodd-Frank Wall Street Reform and Consumer Protection Act

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Definitions:

Pie Chart

A circular graph that shows how some total is divided among its components, usually expressed in percentages.

Relative Shares

The proportion of total income or wealth held by different groups within a society, often used to analyze income or wealth distribution.

Time-Series Graph

A graphical representation showing how a variable or set of variables changes over time, tracking trends and patterns in the data.

Unemployment Rate

The percentage of the labor force that is jobless, actively seeking employment, and available to work.