Which of the Statements Below Is FALSE

question 87

Multiple Choice

Which of the statements below is FALSE?

• A)The report filed annually with the SEC is known as the 10-K Report.
• B)The 10-K Report contains the annual report,as well as additional information about company history,organizational structure,subsidiaries,and equity holdings.
• C)Officers of a company or others who have a fiduciary responsibility to the owners cannot trade on their acquired private information about the company prior to the information being made public.
• D)The 10-K must be filed within one week after the end of the company's fiscal year.

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Definitions:

Rate Of Inflation

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Supply And Demand

The relationship between the quantity of a commodity available and the desire for that commodity, determining its market price.

Interest Rate

The proportion of a total amount of money that is levied for borrowing it, commonly stated as a yearly percentage rate.

Loanable Funds

The money available for borrowing, which comes from savings and is demanded by borrowers for investment.