Which One of the Following Is Most Apt to Be

question 31

Multiple Choice

Which one of the following is most apt to be considered insider trading?

• A)Amy overhears Mary say she is being promoted to accounts payables manager and then she purchases shares in Mary's employer.
• B)Jennifer compiles the financial statements and knows that net income for the latest quarter is significantly below analyst's forecasts but continues to hold shares of her employer's stock.
• C)Kathy is an outside auditor and has found what she believes are significant accounting irregularities in a company's financial reports but owns no shares in the firm.
• D)Lee buys stock in Winter's Wear after he overhears a conversation between the firm's president and vice-president concerning a proposed acquisition.
• E)Jeff buys shares of stock in his employer's firm through the company retirement plan on a regular monthly basis.

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Definitions:

Electrocardiogram

A test that measures the electrical activity of the heartbeat, used to detect heart abnormalities by recording signals from electrodes placed on the skin.

Respiratory Infection

An infection of the lungs, throat, airways, or sinuses, typically caused by viruses or bacteria, leading to symptoms like coughing and difficulty breathing.

Sleeping Difficulty

Problems with falling asleep, staying asleep, or achieving restorative sleep, impacting overall health and quality of life.

Myocardial Infarction

Commonly known as a heart attack, it occurs when blood flow to a part of the heart is blocked for a long enough time that part of the heart muscle is damaged or dies.