Which of the Following Is NOT an Element of Insider

question 27

Multiple Choice

Which of the following is NOT an element of insider trading?

• A)The use of price sensitive information which is not publicly available.
• B)The use of price sensitive information.
• C)The theft of confidential information.
• D)The use of information gained as a result of a connection with a company.

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Definitions:

Break-Even Point in Units

The point at which sales volumes result in no profit or loss, calculated by dividing fixed costs by the contribution margin per unit.

Unit Fixed Cost

The fixed cost associated with manufacturing one unit of a product, which remains constant regardless of the number of units produced.

Unit Variable Cost

The variable cost associated with producing one unit of product, including materials, labor, and other costs that vary with production volume.

Variable Costing

A bookkeeping approach that incorporates solely variable production expenses such as direct materials, direct labor, and variable manufacturing overhead into the costs of products, while omitting fixed overhead.