Final Regulations Can Take Effect on Any of the Following

question 13

Multiple Choice

Final regulations can take effect on any of the following dates except

• A)the effective date of the statutory language they interpret, provided they are issued within 18 months of the date of the change to the statute.
• B)the date on which final regulations were proposed.
• C)the date on which related temporary regulations were first published in the Federal Register.
• D)the date on which they were issued in final form.

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Definitions:

Book Value Per Share

A financial measure that indicates the per share value of a company based on its equity available to shareholders.

Fixed Assets

Long-term tangible pieces of property that a firm owns and uses in its operations to generate income.

Initial Public Offering

The first time that the shares of a private company are offered to the public for purchase, often referred to as "going public."