객관식
An employer that offers a qualified retirement plan to its employees is eligible to:
255
views
1. Introduction to Accounting
Types of Accounting
객관식
Which of the following is an expressed financial power of Congress under the U.S. Constitution?
A
Regulate the issuance of stock by public companies
B
Audit the financial statements of corporations
C
Levy and collect taxes
D
Set accounting standards for private companies
검증된 단계별 안내1
Understand the context of the question: The problem is asking about the expressed financial powers of Congress under the U.S. Constitution. Expressed powers are those explicitly stated in the Constitution.
Review the options provided: The options include regulating stock issuance, auditing corporate financial statements, levying and collecting taxes, and setting accounting standards for private companies.
Identify the correct financial power: The U.S. Constitution explicitly grants Congress the power to levy and collect taxes under Article I, Section 8. This is an expressed financial power.
Eliminate incorrect options: Regulating stock issuance, auditing corporate financial statements, and setting accounting standards for private companies are not explicitly stated as powers of Congress in the Constitution. These are typically handled by other entities like the SEC or FASB.
Conclude the reasoning: The correct answer is 'Levy and collect taxes,' as it is an expressed financial power explicitly granted to Congress by the U.S. Constitution.
관련 영상
관련 실천
