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erma4kov [3.2K]
2 years ago
12

Over the years, the Securities and Exchange Commission (SEC) has delegated its statutory authority to establish accounting princ

iples for publicly traded companies in the United States. This delegated authority impacts which organization(s)
Business
1 answer:
dimulka [17.4K]2 years ago
3 0

The delegated authority of the Securities and Exchange Commission (SEC) on establishing accounting principles for publicly traded companies in the United States impacts all <u>publicly held companies</u>.

<h3>What is the role of the SEC?</h3>

The Securities and Exchange Commission (SEC) is a well-recognized U.S. government oversight agency.

It is responsible for regulating the securities markets and protecting investors' investments.

It does this, by:

  • Maintaining fair, orderly, and efficient markets
  • Ensuring compliance with financial regulations
  • Ensuring transparency in financial reporting
  • Facilitating capital formation.

Thus, the delegated authority of the Securities and Exchange Commission (SEC) on establishing accounting principles for publicly traded companies in the United States impacts all <u>publicly held companies</u>.

Learn more about the Securities and Exchange Commission at brainly.com/question/3798508

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The price of on-campus parking from 8:00 AM to 5:00 PM, Monday through Friday, is $3.00. From5:00 PM to 10:00 PM, Monday through
Rudik [331]

Answer:

E) none of the above

Explanation:

It is an example of peak pricing.

Peak pricing is when consumers pay higher during periods of high demand.

It is reasonable to assume that demand for on campus parking would be higher from 8:00 AM to 5:00 PM, than between 5:00 PM to 10:00 PM. This explains why prices are higher between 8 am - 5pm

I hope my answer helps you.

4 0
3 years ago
Five months ago Wilson opened up a health club. Which of the following is an implicit cost related to the health club A. Wilson
Leto [7]

Answer:

Option "A" is the correct answer to the following statement.

Explanation:

Implicit cost is a special type of opportunity cost, its generate when an organization or a business has to pay his cost and does not necessary to show it. for example, a businessman gets a salary from his organization.

  • In this situation, Wilson owns a club and works as an accountant in it.
  • This type of cost defines an Implicit cost for Wilson's health club.
5 0
4 years ago
Order winners and qualifiers: A. only apply to quasi-manufacturing firms B. remain constant over time C. are consistent between
scZoUnD [109]

Answer:

The correct answer is letter "E": change over time.

Explanation:

Qualifiers are those minimal characteristics a good or service must have so customers could consider purchasing them. Once the customer is interested in a product and decides to choose to purchase it over its competitors, the good becomes an order winner.

<em>Both qualifiers and order winners tend to change over time with changes in the market which leads to changes in consumer preferences and behavior.</em>

4 0
3 years ago
How do you send pictsher to frinds<br>​
BaLLatris [955]
Go to photos, press “select” and then press the picture you want to send then press the button that looks like a box that has an arrow coming out of it. After that, press “messages” and then type in the person that you want to send it to.
3 0
3 years ago
In its first tax year, the Vasquez Estate generated $50,000 of taxable interest income and $30,000 of tax-exempt interest income
olasank [31]

Answer:

b)

i) Subtotal the income shown on lines 1 through 8 of Form 1041 and add the tax-exempt income from line 1 in “Other Information” on the back of the return to arrive at total income.

Total Income = Taxable income + Non-taxable income

= $50000 + $30000

= $80000

ii) Divide the total income by the total taxable income and multiply the results by the total fiduciary fees.

= ($80000/$50000)*8000

=$12800

iii) Take the deductible fees on line 12 and subtract the balance from the total tax-exempt income to arrive at the adjusted tax-exempt income.

= $30000 - ($12800-8000)

= $25200

Subtotal the income shown on lines 1 through 8 of Form 1041 and add the tax-exempt income from line 1 in “Other Information” on the back of the return to arrive at total income.

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Take the deductible fees on line 12 and subtract the balance from the total tax-exempt income to arrive at the adjusted tax-exempt income.

Place that number on Schedule B, line 2.

Explanation:

5 0
3 years ago
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