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Question # 1 What is the role of the U . S Securities and exchange commission ( SEC ) in monitoring capital markets? A )

Question #1
What is the role of the U.S Securities and exchange commission (SEC) in monitoring capital markets?
A) It requires to file quarterly financial and annual reports
B) It provides a safe harbor of foreign intities to sell to US investors
C) It encourages firms to raise capital without registering with the SEC as long as the securities are sold within the US
D) It supercedes the Sarbanes-Oxley Act of 2002 and the credit rating agency reform Act of 2006
Question #2
A privately held firms board of directors has decided to go public by conducting an initial public offering (IPO) to raise capital for global expansion. As a publicly traded organization, the firm is subject to the sarbanes-Oxley -Act(SOX). Which action allows the organization to be compliant with SOX?
A) Verifying that a company employees have complied with conflict of interest
B) Conducting an internal assessment of corporate controls
C) Assessing whether operational results are within budgetary standards
D) Analyzing procedures for access to sensitive employee information

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