When an entity registers a security offering under the Securities Act of 1933, the law provides an

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When an entity registers a security offering under the Securities Act of 1933, the law provides an investor
a. An SEC guarantee that the information in the registration statement is true.
b. Insurance against loss from the investment.
c. Financial information examined by independent auditors.
d. Inside information about the entity’s trade secrets.

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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