In 2008, the SEC Began to

question 5

Multiple Choice

In 2008, the SEC began to

• A) Allow U.S. companies trading on the U.S. stock exchange to issue their financial reports using IASB standards
• B) Require U.S. companies trading on the U.S. stock exchange to issue their financial reports using IASB standards
• C) Require non-U.S. companies trading on the U.S. stock exchange to issue their financial reports using IASB standards
• D) Allow non-U.S. companies trading on the U.S. stock exchange to issue their financial reports using IASB standards

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Definitions:

Orbicularis Oculi

A circular muscle around the eye socket that allows for blinking, winking, and squinting.

Sternocleidomastoid

A muscle in the neck that acts to flex and rotate the head, named for its attachment points at the sternum, clavicle, and mastoid process of the temporal bone.

Masseter

A facial muscle that plays a major role in the chewing of food by elevating the mandible (lower jaw).

Extensor Hallicus Longus

A muscle in the leg that extends the big toe and aids in dorsiflexion of the foot.