Which of the Following Is Not True of the SEC

question 65

Multiple Choice

Which of the following is not true of the SEC (Securities Exchange Commission) ?

• A)It enforces laws designed to protect investors against misconduct in the securities markets.
• B)It enforces laws against insider trading.
• C)All public companies must provide the SEC with a prospectus annually.
• D)Companies offering securities for sale must register their intent to do so with the SEC.

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Definitions:

Income Objectives

Financial goals related to generating a specified level of income, often used in personal finance and investment strategies.

Sales Goals

Sales goals are targets set by businesses for their sales teams to achieve within a specific time period, aimed at driving performance and increasing revenue.

Static Budget

A financial plan that does not change over the period it covers, regardless of any changes in activity or actual performance.

Actual Variable Costs

Expenses that vary directly with the level of production or sales volume.