Which of the following regulates the buying and selling of stocks?
A) U.S. Treasury
B) Securities and Exchange Commission
C) U.S. Department of Commerce
D) Moody's
E) Standard & Poor's
Answer: B
Explanation: B) The SEC is a federal agency that regulates the various U.S. stock exchanges.
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The clearest example of a staff department in a manufacturing organization would be
a. sales. b. operations. c. food services. d. quality assurance.
Refer to Instruction 8.1. If your firm felt very confident that interest rates would fall or, at worst, remain at current levels, and were very confident about the firm's credit rating for the next 10 years, which strategy would you likely choose?
(Assume your firm is borrowing money.) A) Strategy #3 B) Strategy #2 C) Strategy #1 D) Strategy #1, #2, or #3; you are indifferent among the choices.