The Securities and Exchange Commission Allows U

question 138

True/False

The Securities and Exchange Commission allows U.S.businesses to choose whether they follow U.S.GAAP or International Financial Reporting Standards.

---

Definitions:

NLRA Changes

Amendments or modifications made to the National Labor Relations Act, which is the primary legislation governing labor relations and union activities in the United States.

Election Process

The series of activities involved in choosing individuals for public office or adopting policies via voting by eligible participants.

Strike Replacements

Workers who are hired to fill the positions of striking employees during labor disputes, often to continue operation despite a strike.

Shareholder Value

A business perspective that emphasizes the importance of maximizing the returns to shareholders as the primary goal of any company.