The Third Party Who Checks Annual Financial Statements to Ensure

question 97

Multiple Choice

The third party who checks annual financial statements to ensure that they are prepared according to GAAP and verifies that the information reported is reliable is the:

• A)NYSE Enforcement Board.
• B)Accounting Standards Board.
• C)Securities and Exchange Commission (SEC).
• D)auditor.

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Definitions:

ADA

Refers to the Americans with Disabilities Act, a civil rights law that prohibits discrimination based on disability.

Conditional Offer

An offer of admission to a program or position contingent upon the recipient meeting specific requirements before full acceptance.

Employee Orientation

The process of helping new employees become familiar with an organization, their job, and the people they will work with.

New Employees

Individuals who have recently been hired to join a company or organization, often undergoing orientation and training.