Federal Securities Regulations

Practice Questions

CPA Regulation (REG) › Federal Securities Regulations

Questions
6
1

Under the Securities Act of 1933, the registration of an interstate securities offering is:

2

If there was a material omission by an accountant, would he or she be held liable for damages under the Securities Exchange Act of 1934?

3

The registration requirements of the Securities Act of 1933 are intended to provide information to the SEC to enable it to:

4

Under the liability provisions of Section 18 of the Securities Exchange Act of 1934, for which of the following actions would an accountant generally be liable?

5

An accuracy related penalty applies to the portion of tax underpayment attributable to A) Negligence or a disregard of the tax rules or regulations B) Any substantial understatement of income tax:

6

In evaluating the hierarchy of authority in tax law, which of the following carries the greatest authoritative value for tax planning of transactions?

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