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Exam Code: C-ARSOR-2105

Exam Name: SAP Certified Application Associate - SAP Ariba Sourcing

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
What is the primary function of the Securities and Exchange Commission as it relates to a company's financial statements?
A. To provide the investment public with completely independent and unbiased advice regarding the purchase of good quality public securities.
B. To ensure that a public company makes full and accurate disclosure of all pertinent information relating to a company's business.
C. None of these answers.
D. To function as the standard-setting body of the accounting profession.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
To ensure that a public company makes full and accurate disclosure in the company's registration statement of all pertinent information relating to a company's business, its securities, its financial position and earnings, and the underwriting arrangements.

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