The SEC Allows

question 40

Multiple Choice

The SEC allows

• A) foreign companies to list on U.S. exchanges using IASB standards.
• B) foreign companies to list shares in U.S. exchanges if they relist according to FASB.
• C) foreign companies to list only as ADRs.
• D) domestic companies to list on U.S. exchanges using IASB.

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Definitions:

Social Loafing

The occurrence in which people put in less effort towards reaching a goal when they are part of a group compared to when they are working solo.

Common Goal

A shared objective or aim among members of a group.

Groupthink

A phenomenon whereby a group makes faulty decisions because of group pressures, leading to a degradation of mental efficiency, reality testing, and moral judgment.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, often improving on simple or well-rehearsed tasks.