To Aid the SEC in Regulating the Securities Industry, Publically

question 51

Multiple Choice

To aid the SEC in regulating the securities industry, publically traded firms are required to use a new _______________________, where data items are tagged to make them easily searchable.

• A) Internal network
• B) Financial statement
• C) Data disclosure compliance system
• D) Financial dashboard

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Definitions:

EPA Fine

A penalty imposed by the Environmental Protection Agency for violations of environmental laws or regulations.

Litigation

The process of taking legal action or resolving disputes in court.

Fixed Asset

Long-term tangible assets held for business use and not expected to be converted to cash in the upcoming business cycle.

Damage Repair

The process of fixing or restoring property or items that have been harmed or degraded.