Government Laws and Policies Need to Be Uniformly Enforced

question 103

Multiple Choice

Government laws and policies need to be uniformly enforced. But this leads to all of the following problems, except:

• A) Inflexibility
• B) Massive paperwork
• C) Excessively detailed rules
• D) Haphazard application

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Definitions:

Reacquired

Refers to assets, such as stock or securities, that have been bought back by the corporation or entity that initially issued them.

Shares Outstanding

The total number of shares of stock that have been issued and are currently held by shareholders, including both public investors and restricted company insiders.

Reacquired

Reacquired refers to the act of a company buying back its own shares from the marketplace, usually to increase shareholder value or to take advantage of perceived undervaluation.

Sarbanes-Oxley Act

A U.S. law passed in 2002 to protect investors by making corporate disclosures more reliable and accurate, aiming to prevent corporate fraud.