The 1995 National Securities Markets Improvement Act limited regulation of investment companies to the ________ and did away with some state authority in this area

A) New York Stock Exchange (NYSE)
B) Federal Trade Commission (FTC)
C) Securities and Exchange Commission (SEC)
D) Federal Reserve Board (FRB)

C

Business

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Which of the following is an accurate description of wrongful dishonor of a check?

A) A bank refusing to honor a properly payable check when there are sufficient funds in the drawer's account. B) A bank refusing to honor a certified check when it is presented for payment more than a year from its date of issue. C) A bank refusing to honor a check which has been outstanding for only a few days more than six months from the date of issue. D) A bank refusing to honor an ordinary check when it believes that the payee has altered the amount on the check.

Business

During the sales order entry process, a ________ is performed to compare the quantity ordered with the standard amounts normally ordered

A) completeness test B) redundant data check C) field check D) reasonableness test

Business