1. Ratios by themselves have some value, but not nearly as much as they have when compared with other similar figures. Which of the following comparisons are generally used by managers and analysts?
A. Historical
B. Competition
C. Budgeted
D. All of the above
2. Established through the Securities Exchange Act of 1934, the Securities and Exchange Commission is charged with the responsibility to:
A. oversee financial market activities.
B. promote fairness in stock dealings in public and private companies.
C. enforce the laws preventing certain manipulative and deceptive behavior.
D. a and c