Which of the Following Policy Measures Authorized Investors to Bring

question 43

Multiple Choice

Which of the following policy measures authorized investors to bring lawsuits against credit-rating agencies for a reckless failure to get the facts when providing a credit rating?

• A)the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
• B)Sarbanes-Oxley Act of 2002
• C)Global Legal Settlement of 2002
• D)Gramm-Leach-Bliley Act of 1999
• E)Riegle-Neal Act of 1994

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Definitions:

Income Statement

A financial statement that reports a company's financial performance over a specific period, showing revenue, expenses, and net income.

Factory Overhead

Factory overhead refers to the indirect manufacturing costs not directly tied to the production of a specific product, such as utilities, depreciation, and maintenance of equipment.

Balance Sheet

A financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time.

Inventory

The cumulative quantity of products and materials in a company's possession intended for either production or sale.