Government agencies require that firms that sell securities in public markets adhere to have ________.

Question

Quizplus · Accepted Answer

Government agencies require firms that sell securities in public markets to have independent audits, which provide assurance that the financial statements are presented fairly and in accordance with generally accepted accounting principles. This helps to increase transparency and reduce the risk of fraudulent activity. A, B, and D are not requirements for selling securities in public markets.

Government Agencies Require That Firms That Sell Securities in Public