Which of the Following Legislative Acts Created the Securities and Exchange

question 248

Multiple Choice

Which of the following legislative acts created the Securities and Exchange Commission?

• A) Dealers Trust and Assistance Act of 1933
• B) Federal Trade Commission Act of 1933
• C) Securities and Exchange Act of 1934
• D) Bond Trading Act of 1934

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Definitions:

Return on Investment

A measure of the profitability or efficiency of an investment, calculated as the net profit from the investment divided by its cost.

Residual Income

Operating income that exceeds a set minimum return on operating assets, used as a measure of the profitability and performance of a business unit.

Division

A segment within an organization that focuses on specific products, services, territories, or customers, usually with its own set of management and financial goals.

Division's Margin

The profit margin measured at the divisional level, reflecting the division's ability to generate profit from its revenues.