Select a correct statement in relation to the functions or power of the Australian Securities and Investments Commission (ASIC). O Maintain, facilitate and improve the performance of the financial system and entities in it under the Australian Securities and Investments Commission Act 2001 O Ban entities from engaging in business activities and providing auditing services O To veto accounting standards formulated by the AASB that are not in the interests of key lobby groups Set ethical guidelines for the accounting profession ht ent