Which Term Describes the Process of Using Confidential Information to Gain

question 12

Short Answer

Which term describes the process of using confidential information to gain from the purchase or sale of stocks?
Generally accepted investment practice (GAIP)
Cheque kiting
Whistle blowing
Insider trading
General consensus on unethical business behaviour (GCUBB)

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Definitions:

Factory Overhead

Encompasses all indirect costs involved in the manufacturing process, such as utilities, maintenance, and management salaries.

Direct Materials

Raw materials that can be directly attributed to the production of goods or services.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.

Prime Costs

The direct costs of a product, which include the costs of direct materials and direct labor involved in its production.