An unequivocal acceptance must not contain conditions or exceptions

Which of the following is not one of the functions of the Securities and Exchange Commission?

A) Providing government-backed insurance to purchasers of securities B) Regulating securities brokers and advisors C) Adopting rules to further the functions of the securities laws D) Bringing enforcement actions against suspected violators of securities laws E) Investigating securities violations

Liquidity is necessary because there are times during the year when your cash inflows are not adequate to cover your cash outflows

Indicate whether the statement is true or false.