contestada

According to the adapting to change box, the sec is determined to crack down on and punish those accused of fraud. however, so many auditors and cpas are trained in how to search for fraud that there are too many cases to prosecute.

a. True

b. False

Respuesta :

ablazeneed

The correct answer is: "a: true".

The SEC's primary role is to oversee organizations and individuals in the securities markets. This includes

  • Securities Exchanges
  • Brokerage Firms
  • Dealers
  • Investments Advisors
  • Investment Funds

Due to the increasing amount of auditors that are CPA certified, many fraudulent situations are reported to the SEC. This has been causing an overload of cases that the SEC has to revise, reducing the overall effectiveness of the institution.


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