What must businesses do in order to meet legal and financial regulations quizlet?

Answer Expert Verified. What businesses must do in order to fulfill their legal and financial regulations is report information about the assets they sell. Whatever happens to their assets, if they acquire new ones or sell old ones, these business have to report about their activities to the higher authorities.

What must businesses do in order to meet legal and financial regulations? mixed market. A private enforces government regulations in a specific area of the economy. … Both create and enforce regulations.

What must businesses do in order to meet legal and financial regulations report their revenue and earnings to the government?

What must businesses do in order to meet legal and financial regulations? report their revenue and earnings to the government. disclose information about sales with the media. report details of advertising revenue to managers. disclose product details to the competition.

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How are government regulations established quizlet?

How are government regulations established? Citizens agree on new regulations through annual elections. Specialized executive agencies respond to a new policy by creating regulations. Business owners agree to create regulations to better compete with one another.

What are the purposes of financial regulations?

Financial regulations aims to: enforce applicable laws; prosecute cases of market misconduct; license providers of financial services; protect clients; investigate complaints; and maintain confidence in the financial system.

What are the purposes of financial regulations choose three answers?

to enforce government intervention. to limit and prevent monopolies. to allow businesses to collaborate. to ensure only one business can operate.

What happens if regulatory policies for a business is violated?

Answer Expert Verified

If regulatory policies for a business are violated, sanction and fines are being applied. … When a government puts excess regulation it may lead to overregulation and it is this overregulation which creates inefficiency in a business.

What must businesses do in order to meet legal?

Answer Expert Verified. First of all, when it comes to Legal Regulations businesses must follow the Employment and Labor Laws such as wages and hours, workplace safety and health, equal opportunity, non-US workers, employee benefit security and family and medical leave.

What happens if regulatory policies for a business are violated new business rules are created safety classes are mandated?

Answer: D: Fines and sanctions are applied.

When might workers be exempt from paying income taxes?

When might workers be exempt from paying income taxes? When they don’t make enough money.

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Which are results of regulation in a mixed market economy?

Explanation: In mixed economies under the government regulation most of the production is done by private ownership. There is very little government intervention. … Another result of government regulation is to control the externalities created by these business structures.

What is the function of regulatory agencies?

Regulatory agency, independent governmental body established by legislative act in order to set standards in a specific field of activity, or operations, in the private sector of the economy and then to enforce those standards. Regulatory agencies function outside direct executive supervision.

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