Which of the Following Is NOT Addressed by the Dodd-Frank

question 87

Multiple Choice

Which of the following is NOT addressed by the Dodd-Frank Act?

• A) Liquidation of non-bank financial companies such as insurance companies.
• B) Identifies systematic risk of U.S. financial system.
• C) Written certifications of financial statements by the CEO and CFO.
• D) Registration of hedge funds with the SEC.

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Definitions:

Indirect Method

A method of preparing the cash flow statement in which net income is adjusted for non-cash transactions and changes in working capital.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

Financing Activities

Activities that result in changes in the size and composition of the equity capital or borrowings of a company.

Long-Term Debt

A financial obligation that is due for repayment in more than one year's time.