Information Is Processed Data

question 87

True/False

Information is processed data.

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Definitions:

SEC

The Securities and Exchange Commission, a federal agency responsible for regulating the securities industry, enforcing federal securities laws, and ensuring securities market integrity.

Unlimited Number Of Securities

Pertains to a situation where a company is authorized to issue as many shares of stock as it desires, with no set maximum limit defined in its charter.

Profits

Profits represent the financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Penalty

A penalty applied for violating a regulation, agreement, or statute.