The Securities Exchange Commission (SEC) is concerned with
A)Developing a new conceptual framework in order to reduce differences in financial reports for global companies.
B)Setting accounting rules for all companies that are incorporated in the United States.
C)Setting accounting rules for publicly-traded companies in the United States.
D)Working to reduce differences in accounting reports issued by governmental units.

Question

Quizplus · Accepted Answer

The SEC is primarily concerned with regulating and setting accounting rules for publicly-traded companies in the United States to ensure transparency, fairness, and integrity in the financial markets.

The Securities Exchange Commission (SEC) Is Concerned with