Penalties for Violations of the 33 Act May Include Each

question 32

Multiple Choice

Penalties for violations of the 33 Act may include each of the following except:

• A) civil penalties and fines.
• B) revocation of the corporate charter for egregious cases.
• C) criminal prosecution and incarceration.
• D) revocation of the investment by the investor.

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Definitions:

Activity-Based Costing

An approach to cost accounting that allocates overhead and indirect costs to products and services in relation to the activities required.

Resource Consumption

The amount of resources used by a company or process, which could include materials, energy, or labor.

Idle Capacity

Unused production capability in a manufacturing process or facility.

Plantwide Overhead Rate

A single overhead rate calculated for an entire manufacturing plant, used to allocate indirect costs to products based on a common base such as labor hours or machine hours.