Question

In the United States, the government agency requiring that firms, which sell securities in public markets, adhere to standard accounting principles and disclose information about their sales, assets, and earnings is the

a. Federal Communications Commission.
b. Federal Trade Commission.
c. Securities and Exchange Commission.
d. U.S. Treasury Department.
e. Federal Reserve System

Answer 1

Answer: Securities and Exchange Commission

Step-by-step explanation:

The Securities and Exchange Commission(SEC) maintains an efficient, effective and transparent market. The SEC oversees the operations of individual investors and organizations. The Commission oversees the stock market, securities companies, and the self-regulatory organizations.

The SEC gives confidence to investors in the United States stock market by providing transparency into financial workings of companies in the U.S and making sure investors can get a

consistent and accurate information regarding corporate profitability.