To Which of the Following Entities Must a Company Report

question 133

Multiple Choice

To which of the following entities must a company report if it sells its stock on the organized stock market?

• A)American Institute of Certified Public Accountants (AICPA)
• B)American Accounting Association (AAA)
• C)International Accounting Standards Board (IASB)
• D)Securities and Exchange Commission (SEC)

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Definitions:

Special Significance

A term indicating that something holds particular importance or value in a given context.

Sacred Meaning

The significance attributed to a thing, practice, or phenomenon considered holy, divine, or spiritually significant within a cultural or religious context.

False Consciousness

A term primarily associated with Marxist theory, referring to the way in which material, ideological, and institutional processes in capitalist society mislead the proletariat and other classes about the realities of their subjugation.

Proletariats

The working-class people who do not own the means of production and must sell their labor to survive, a term often used in Marxist theory.