Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. section 11 of the securities act of 1933 uses the

Section 11 of the Securities Act of 1933 uses the term material fact to limit...

50.1K

Verified Solution

Question

Accounting

Section 11 of the Securities Act of 1933 uses the term material fact to limit the amount of information required. Under the Act, the standard used to determine an items materiality

A. may be found in FASB pronouncements.

B. is the auditors professional judgment.

C. has been established by the SEC as a percent of net income or of total assets.

D. is the average prudent investor.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

a volume of 75mL of 0.040M NaF is mixed with 25mL of 0.10M Sr(NO3)2. Calculate the...

Chemistry
Q

When performing a shoulder hand spacing push up versus a closer hand spacing with hands positioned...

Medical Sciences
Q

1.) Based on the following information, prepare a balance sheet. Current Assets = $15,000; Property, Plant...

Finance
Q

There are many diseases that do not infect a person more than once, such as...

Biology
Q

Identify A

Biology
Q

You intend to estimate a population mean from the following sample 6 9 3 1...

Statistics
Q

7 Suppose the graph of f A y f x 7 2 shift 2 units...

Calculus
Q

a method of raising equity funds is for a company to make a private placement...

Accounting
Q

United Resources Company obtuvo una carta del estado en enero de este ao. El estatuto...

Accounting
Q

Of the following balanced scorecard measures, which should a company want to decrease rather than...

Accounting
Q

please answer all parts ...

Accounting
Q

A company's current stock price is $84.50 and it is likely to pay a $3.50...

Finance