Which Regulatory Body Has Responsibility for Supervision of Real-Time Trading

question 70

Multiple Choice

Which regulatory body has responsibility for supervision of real-time trading on Australian domestic licensed markets,including the supervision of financial services licence holders?

• A) APRA
• B) ASX
• C) ASIC
• D) RBA

---

Definitions:

Zero-Based Budgeting

A budgeting method where all expenses for each new period are justified, starting from a "zero base," regardless of whether each budget is higher or lower than the previous one.

Budgeted Expenditures

Estimated spending for a given period as planned in a budget, often categorized by departments or projects.

Financial Components

The various elements that make up the financial structure of a company, including assets, liabilities, revenues, and expenses.

Collection Pattern

The typical manner or time frame in which a business receives payments from its customers for goods or services sold.