The _____ is the government agency that enforces the securities laws of the U.S., including those that apply to financial reporting.
A)Government Accountability Office (GAO)
B)Public Company Accounting Oversight Board (PCAOB)
C)International Accounting Standards Board (IASB)
D)Financial Accounting Standards Board (FASB)
E)U.S.Securities and Exchange Commission (SEC)

Question

Quizplus · Accepted Answer

The U.S. Securities and Exchange Commission (SEC) is the government agency responsible for enforcing securities laws in the U.S. This includes the laws that apply to financial reporting by publicly traded companies. The other options listed may play a role in financial reporting or accounting, but they do not have specific responsibility for enforcing securities laws.

The _____ Is the Government Agency That Enforces the Securities