Answer:
Congress may threaten to defund the SEC and may also dissolve the agency.
Explanation:
The congress has the power to interfere in the rules adopted by an agency if there is a possibility that these rules could harm the market at local or national level. This interference has even greater power if the agency receives funding and is actively dependent on the state's permission to remain established, as is the case with the SEC.
In the question above, we can see that the SEC has adopted rules that displease Congress, so that Congress can persuade the SEC to adopt these rules, it may threaten to defund the SEC and may also dissolve the agency.
Answer:
$42,950
Explanation:
Data and Calculations
Revenue $129,300
Less variable costs ($72,400)
Less fixed costs ($18,900)
add depreciation $4,950
Operating Cash flow $42,950
Thus
The annual operating cash flow $42,950.
Answer:
See the explanation.
Explanation:
Authorized stock is the total shares a business is authorized to issue where as issued stock is the total shares that have been issued and held by either investors and or the treasury of the business itself. Outstanding shares are the ones held by investors outside of the company thus the correct matching is as follows
Authorized Stock = Total number of shares available to sell
Issued Stock = Shares actually sold, which includes treasury stock
Outstanding Stock = Open choices for matching Shares held by investors
Hope that helps.
Answer:
A. seek information about loans from the banks.
Explanation:
A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.
Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.
An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.
An auditor ordinarily sends a standard confirmation request to all banks with which the entity it is auditing has done business during the year under audit, regardless of the year-end balance. One purpose of this procedure is to seek information about loans from the banks so as to examine and verify the amount that was loaned by the bank to the business entity, as well as comparing the figures (values) to that on the balance sheet.
Answer:
Positive statement:
It is basically based on target and truth. Moreover, optimistic deliveries are have to be compelled to validate or nullified yet can't correct than
Normative Statement:
Adaptable announcements are particular and also the materials are value primarily based. The statements are basically valuation primarily based so that they can't be tried.
- <u>Since the statement 1</u><u> </u>are often proved or contradicted by grouping and evaluating the information, thus this can be a positive statement.
- <u>Since the statement 2</u> is opinion primarily based, we tend to can't take a look at it, and thus this can be a normative statement.
- <u>Since the statement 3</u> are often tested by seeing those conditions. Hence, this can be a positive statement.
- <u>Since the statement 4</u> is opinion primarily based, thus we tend to can't take a look at it. Therefore, this can be a normative statement.
