When Did the SEC Drop Its Long-Standing Rule That Required

question 9

Multiple Choice

When did the SEC drop its long-standing rule that required foreign companies that filed financial statements with it to adjust those statements to conform with U.S. GAAP and allow them to use IFRS?

• A) 2001
• B) 2007
• C) 2009
• D) 2013

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Definitions:

Uterus

A female reproductive organ in mammals, including humans, that holds and nourishes the embryo and fetus during pregnancy.

Labia Majora

The rounded folds of adipose tissue and skin that protect the other female reproductive organs.

Pubic Symphysis

The cartilaginous joint located between the left and right pubic bones near the front of the pelvis.

Ovum

The female reproductive cell or egg, which, when fertilized by a sperm, can develop into a new organism.