Which of the Following Is True Regarding the Securities and Exchange

question 12

Multiple Choice

Which of the following is true regarding the Securities and Exchange Commission requirements from foreign companies seeking to sell securities on U.S.stock markets?

• A)​The companies must reconcile their financial statements to U.S.GAAP.
• B)​The companies must reconcile their financial statements to U.S.tax regulations.
• C)​The companies must provide financial statements prepared according to U.S.GAAP.
• D)​The companies may file financial statements prepared in accordance with IFRS without reconciliations to U.S.GAAP.

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Definitions:

Proceeds

The total amount of money received from a sale or transaction, before any deductions or expenses are accounted for.

Commission Charges

Fees assessed for services provided, often calculated as a percentage of the transaction value, such as in trading or sale transactions.

Dividend

A Dividend is a portion of a company's earnings distributed to its shareholders, typically in the form of cash or additional shares.

Rate of Yield

The rate of yield is the return on an investment over a period of time, expressed as a percentage of the investment's cost.