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
Answer:
$41,354.98
Explanation:
Required future worth = Annual savings x FVIFA(r%, N) x (1 + r)
Required annual savings ($) = [Required future worth / FVIFA(r%, N)] / (1 + r)
= 725,000 / [FVIFA(10%, 10) * 1.1]
= 725,000 / (15.9374 * 1.1)
= 725,000 / 17.53114
= 41354.98318991235
= $41,354.98
Note: Since this is annuity due (deposit made at beginning of year), FV is divided by (1+r).
Answer:
A) giving the key to a safe-deposit box where the gift is kept
Explanation:
- A Constructive delivery possession is that acquisition when here a symbolic transfer of property. The constructive distribution of the possession is basically a right that the property is not actually managed
- But the donor has done something to convey the possession, but the property is of such a nature that physical possession is then not possible, the creative possession of the property is sufficient to carry out the act of gift.
Answer:
As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.
Explanation:
Total M1 money supply in the US economy as of December 2019 was $4 trillion (as stated by the federal reserve)
M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.
Answer:
16650+
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Explanation: