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The SEC Is a Governmental Agency That Oversees World-Wide Financial

question 61

True/False

The SEC is a governmental agency that oversees world-wide financial markets and organizations that set accounting standards.


Definitions:

Creating Records

entails the process of documenting or recording information or transactions for the purpose of establishing evidence or maintaining an official account.

Administrative Statutes

Laws or regulations enacted by governmental agencies that govern how the agencies operate and enforce policy.

Legislative Rules

Regulations created by government agencies that have the force of law.

Congressional Review Act

A law that allows Congress to review and potentially overturn regulations created by government agencies.

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