A major purpose of federal securities regulations is to
A) provide sufficient reliable information to the investing public who purchase securities in the marketplace.
B) establish the qualifications for accountants who are members of the profession.
C) eliminate incompetent attorneys and accountants who participate in the registration of securities to be offered to the public.
D) provide a set of uniform standards and tests for accountants, attorneys, and others who practice before the Securities and Exchange Commission.
A
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Indicate whether the statement is true or false
In which of the following forms of export financing does a bank assume a financial obligation?
A) with an L/C but not a documentary collection B) with a documentary collection but not an L/C C) neither an L/C nor a documentary collection requires a bank to assume financial obligation D) with either an L/C or a collection letter E) with both an L/C and a documentary collection