U.S. Securities and Exchange Commission (SEC) regulations for the financial statement presentation and disclosure requirements of SEC filings can be found in A. Regulation S-K. B. Regulation S-X. C. Regulation S-B. D. Regulation S-T. Notes to the financial statements A. Provide some useful information that cannot be provided in financial statements. B. Provide recognition of financial amounts. C. Correct improper presentation in the financial statements. D. Present management's responses to auditor comments. A full set of financial statements for a period should report financial position and A. Earnings, changes in equity, and changes in retained earnings. B. Earnings, cash flows, investments by and distributions to owners, and price-level adjustments. C. Net income, investments by and distributions to owners, and cash flows. D. Earnings, comprehensive income, cash flows, and investments by and distributions to owners. The formula for present value is based on which of the following relationships? A. The higher the present value, the higher the discount rate, and the longer the discount period, the higher the present value. B. The lower the present value, the lower the discount rate, and the shorter the discount period, the lower the present value. C. The higher the present value, the lower the discount rate; and the shorter the discount period, the higher the present value. D. The lower the present value, the lower the discount rate; and the longer the discount period, the higher the present value