All categories

3 years ago

Distinguish between responsibilities of the FTC and those of the SEC.

Business

2 answers:

Illusion [34]3 years ago

8 0

Answer:

FTC: prohibits deceptive practices and provides information about choosing products

SEC: prohibits insider trading and regulates brokers and investment advisers

shtirl [24]3 years ago

5 0

Answer:

FTC--- Prohibits deceptive practice.

Provide information about choosing products.

SEC--- Prohibits insider trading.

Regulates brokers and an investment adviser.

Explanation:

FTC is recognized as the Federal Trade Commission. It is a government entity that aims to protect customers by upholding consumer protection and antitrust laws and maintaining a strong competitive environment.

SEC is known as the Securities and Exchange Commission it is an agency of the U.S. government. The primary responsibility of the SEC is to implement statutory securities laws, formulate securities legislation, and oversee the securities market.

You might be interested in

Explain why accurate measurement is so important in baking.

Fittoniya [83]

Accurate measurement is VERY important in banking because banking is all about exact calculations. If one balance measure is off, the entire bank report will not be acurate. One little mess up and the entire calculation goes wrong.

5 0

3 years ago

The range of an area where users can access the Internet via high-frequency radio signals transmitting an Internet signal from a

defon

A) hotspot

Bluetooth is for short distance and pan is Personal area networks (PANs) connect an individual's personal devices

6 0

3 years ago

Read 2 more answers

The degree of risk is associated with the probability or magnitude of loss.

pochemuha

The degree of risk is associated with the probability or magnitude of loss. The given statement is true.

The area of mathematics known as probability deals with numerical representations of the likelihood that an event will occur or that a statement is true. An event's probability is a number between 0 and 1, where, roughly speaking, 0 denotes the event's impossibility and 1 denotes certainty.

Simply put, probability is the likelihood that something will occur. When we don't know how an event will turn out, we can discuss the likelihood or likelihood of several outcomes. Statistics is the study of events that follow a probability distribution.

Learn more about probability here

brainly.com/question/24756209

#SPJ4

4 0

1 year ago

If a competitive firm can sell a bushel of soybeans for $25 and it has an average variable cost of $24 per bushel and the margin

Liula [17]

Answer: reduce output.

Explanation:

In a competitive market, firms do not have control over the price that they sell their goods in the market but they do have control over their costs. It is recommended to produce/ sell goods at a quantity where Marginal Revenue will equal Marginal cost (MR = MC).

In a Competitive Market, Price is the same as Marginal revenue which means that Marginal revenue here is $25 and the Marginal Cost is $26. At this quantity of output, the Marginal Cost is larger than the Marginal revenue.

Company should therefore reduce output to a quantity where Marginal Cost will equal Marginal revenue.

6 0

2 years ago

Here are incomplete financial statements for BLOSSOM, Inc. Calculate the missing amounts

Otrada [13]

Answer:

(A) net income: 20,000

(B) COGS = 55,000

Explanation:

(A) with the RE statemtn we sovle for RE

net income = ending RE - beginning RE + dividends

net income = 27,000 - 12,000 + 5,000 = 20,000

(B) With the net income we solve for COGS

COGS= revenues - net income - salaries and wages

COGS = 85,000 - 20,000 - 10,000 = 55,000

liab + equity = total liab and stockholders equity

account payable + common stock + RE = total liab and stockholders equity

5,000 + CS + 27,000 = 62,000

CS = 62,000 - 27,000 - 5,000 = 30,000

5 0

3 years ago