ACC 544 EDU Start With a Dream /acc544edu.com ACC 544 EDU Start With a Dream /acc544edu.com | Page 13

·
Identify risk areas and the criteria to be used to determine
likelihood, magnitude, velocity, and persistence.
·
Link risk categories to financial statement assertions.
·
Include fraud risks and the incentives, opportunities, and
rationalization related to fraud.
----------------------------------------------------------------------------
ACC 544 Week 3 Quiz Federal Securities
FOR MORE CLASSES VISIT
www.acc544edu.com
ACC 544 Week 3 Quiz Federal Securities
• Question 1 Imperial Corp. is offering $450,000 of its securities
under Rule 504 of Regulation D of the Securities Act of 1933. Under
Rule 504, Imperial is required to
• Question 2 A $10,000,000 offering of corporate stock intended to be
made pursuant to the provisions of Rule 506 of Regulation D of the
Securities Act of 1933 would not be exempt under Rule
• Question 3 Under Section 12 of the Securities Exchange Act of
1934, in addition to companies whose securities are traded on a
national exchange, what class of companies is subject to the SEC’s
continuous disclosure system?
• Question 4 Tweed Manufacturing, Inc. plans to issue $10 million
of common stock to the public in interstate commerce after its
registration statement with the SEC becomes effective. What, if
anything, must Tweed do in respect to those states in which the
securities are to be sold?