Under the 1934 Act, an issuer must register with the SEC if

Select one:

a. its securities arenotgoing to be traded on a national exchange.

b. it hasnotcompleted a public offering under the 1933 Act.

c. it has at least 2,000 shareholders and total assets that exceed $10 million.

d. it willnotbe providing investors with a prospectus.

Which of the following contributed to the problems experienced by auditing firms like Arthur Anderson in the late 1990's and early 2000'?

a. More complex financial statements.

b. Greater dependence on consulting fees.

c. Greater emphasis on customer satisfaction.

d. All of the above.

Under Sarbanes-Oxley, if a public accounting firm audits a public company, the accounting firm may provide which of the following non-audit services to the client:

a. bookkeeping services;

b. Legal services;

c. human resources services;

d. None of the above;

Under the National Labor Relations Act (NLRA), unfair labor practices

a. can only be attributed to employers; never unions.

b. can be attributed to unions, butonly ifthe union charges excessive union dues.

c. can be attributed to unions, butonly ifthe union interferes with an employee's right to exercise his/her labor rights.

d. None of the above.

In forming a union, the National Labor Relations Board (NLRB)

a. Must have no role in the "election" stage.

b. Must field candidates in the "election" stage

c. Closely monitors the "election" to ensure fairness

d. None of the above.