Select a correct statement in relation to the functions or power of the Australian Securities and Investments Commission (ASIC). Maintain, facilitate and improve the performance of the financial system and entities in it under the Australian Securities and Investments Commission Act 2001 To veto accounting standards formulated by the AASB that are not in the interests of key lobby groups Ban entities from engaging in business activities and providing auditing services Set ethical guidelines for the accounting profession Moving to another question will save this response. Question 10 of 18 LA RS 4:07 PM 9/13/2020 PC