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Which of the Following Pairs of Items Is Not Needed

question 116

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Which of the following pairs of items is not needed to calculate the after-tax proceeds for a same-day sale?

Grasp the severity and characteristics of recessions post-World War II.
Recognize key historical periods and their impact on economic conditions, including the Great Depression and its end.
Discern the dynamics of agricultural prices and economic activities over different periods.
Describe the effects of policy decisions, including supply-side economics and New Deal programs, on economic conditions.

Definitions:

Sarbanes-Oxley Act

A U.S. federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.

Public Company Accounting Oversight Board

A non-profit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest by promoting informative, accurate, and independent audit reports.

Public Companies

Companies that have issued securities through an initial public offering and are traded on at least one stock exchange or in over-the-counter markets.

General Duty

An obligation imposed on individuals or entities to adhere to a standard of reasonable care while performing any acts that could foreseeably harm others.

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