Which of the Following Would Not Be Disclosed for Trading

question 167

Multiple Choice

Which of the following would not be disclosed for trading securities?

• A) aggregate fair value
• B) gross realized gains and losses
• C) amortized cost basis
• D) any impairment loss and where reported

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Definitions:

Writing Requirement

The writing requirement refers to legal stipulations that certain types of contracts or agreements must be in written form to be legally enforceable.

Legal Proceeding

A process by which a legal matter is resolved in a court of law.

Oral Contract

An agreement between parties that is made verbally instead of being documented in writing.

Admission

A statement made in court, under oath, or at some stage during a legal proceeding in which a party against whom charges have been brought admits that an oral contract existed, even though the contract was required to be in writing.