Which of the Following Is True of Regulation

question 114

Multiple Choice

Which of the following is true of regulation?

• A) Regulatory agencies often ignore the secondary effects of their actions and fail to foresee future problems.
• B) Policy-makers are hesitant to call for new regulations even when it is clear they would help avert future crises.
• C) Mortgage lending and banking have historically been unregulated and therefore regulation in these sectors will be unpopular.
• D) Past regulations have been effective at averting crises, but they are unpopular because they reduce the profitability of the regulated industry.

Calculate the account balance and understand the concept of a debt ratio.

Distinguish between different types of equity and revenue accounts.

Grasp the dual aspect concept of accounting and its implications for financial transactions.

Understand the fundamental principles and assumptions underpinning financial accounting.

---

Definitions:

Personal Events

Individual occurrences or experiences significant to one's personal life, such as celebrations, milestones, or challenges.

Congratulations

Expressions of joy or acknowledgment for someone's success, achievement, or good fortune.

Routine Replies

Standard or expected responses provided in return to common or frequently asked questions.

Professional Tone

A formal and courteous manner of communication used in business and professional settings.