Which of the Following Is True of the Dodd-Frank Act

question 48

Multiple Choice

Which of the following is true of the Dodd-Frank Act with regard to regulating executive compensation?

• A) Shareholders were allowed a nonbinding vote on executive compensation, as directed by the Federal Reserve.
• B) Company executives received lower compensation when firms sold mortgage-backed securities and derivatives.
• C) Companies cannot take back compensation if it is based on inaccurate accounting statements.
• D) Only independent directors of a company could sit on compensation committees of the board.

Explain the complexities involved in two-choice and conditional discrimination tasks.

Evaluate theoretical models (Hull-Spence, Kohler, Sutherland and MacKintosh) of discrimination learning.

Understand the concept of errorless discrimination training and its applications.

Identify the interchangeability of Pavlovian occasion setters with discriminative stimuli.

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Definitions:

Fair Value

The price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants.

Available-for-sale Securities

Financial assets intended to be sold off before they mature or in response to changes in market conditions, not classified as held-to-maturity or trading securities.

Market Value

The current price at which an asset or service can be bought or sold in the open market.

Common Stock

Common stock represents ownership shares in a corporation, entitling holders to vote at shareholder meetings and receive dividends.