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erma4kov [3.2K]
1 year 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]1 year 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

You might be interested in
The following information is available for Blue Spruce Corp. for 2021:
Andru [333]

Answer:

  • Other Comprehensive income = $37,500
  • Comprehensive income = $154,500

Explanation:

Other comprehensive income:

= Realized gain on sale of available-for-sale debt securities  + Unrealized holding gain arising during the period on available-for-sale debt securities - Reclassification adjustment for gains included in net income

= 11,000 + 34,000 - 7,500

= $37,500

Comprehensive income = Net income + Other comprehensive income

= 117,000 + 37,500

= $154,500

6 0
3 years ago
The annual average CPI for 2016 was 240.5. If the CPI for 2010 was 218.1, then what was the inflation rate for the years 2010-20
aksik [14]

Answer: 9.31%

Explanation:

The Consumer Price Index (CPI) is able to check the price change per year by pricing a fixed basket of goods in different years. It can be used to calculate inflation with the formula;

Inflation rate = (CPI target year - CPI base year / CPI base year) *100

= \frac{240.5-218.1}{218.1} * 100%

=9.31%

8 0
3 years ago
The objective of _____ is to gather data about project usability, costs, benefits, and schedules.
Ivahew [28]

The objective of <u>Fact-finding</u> is to gather data about project usability, costs, benefits, and schedules.

<h3>What is a fact finding process?</h3>

Fact-finding is known to be a kind of a non-binding process  or an act that entails a qualified impartial third party that tends to make some written findings of fact as well as recommendations for the solving or handling of any issue.

Note that  All costs incurred of fact-finding are borne by the employer and the union and as such, The objective of <u>Fact-finding</u> is to gather data about project usability, costs, benefits, and schedules.

Learn more about Fact-finding from

brainly.com/question/14852724
#SPJ1

7 0
1 year ago
When the supply of a commodity decreases while demand remains the same price tends to:_____.
postnew [5]

When the supply of a commodity decreases while demand remains same then the same price tends to increase.

Given that the supply of a commodity decreases while the demand remains same.

We are required to find the effect of decrease of supply on the price of the commodity if the demand remains same.

Supply is the amount of good that the producer manufactures and sends to the market.

Demand is the amount of good that the consumer wants to consume.

When the supply of a commodity decreases,the supply will shift leftwards. The demand remains same then from the graph we can find that the price of the commodity increases from P to P1.

Hence when the supply of a commodity decreases while demand remains same then the same price tends to increase.

Learn more about supply at brainly.com/question/25843620

#SPJ4

3 0
1 year ago
Slater Mines just called its outstanding bonds at a call price of $1,025. The bonds have a conversion price of $33.33 and a par
Kazeer [188]

Answer:

In response to this call, the bondholders should Accept the call as call price exceeds the conversion value

Explanation:

Number of shares (if bonds are converted) = par value/conversion price = 1,000/33.33 = 30 shares

Current value of 30 shares = 30*current share price = 30*33.10 = $993.10

Call price of $1,025 is greater than the current value of converted bonds, so bondholders should accept the call

5 0
3 years ago
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