The Rules That Apply to Listed Companies About Promptly Advising

question 19

Multiple Choice

The rules that apply to listed companies about promptly advising a stock exchange of any material changes relating to the corporation are called:

• A) informational disclosure.
• B) continuous disclosure.
• C) transaction disclosure.
• D) related parties disclosure.

---

Definitions:

Manufacturing Overhead Budget

A financial plan detailing the projected or expected indirect costs involved in the manufacturing process, excluding direct labor and materials.

Variable Expenses

Costs that vary directly with the level of production or business activity, such as raw materials and commissions.

Selling and Administrative Expense Budget

A detailed plan that estimates the selling and administrative expenses of a business for a specific period.

Budgeted Sales

The projected amount of sales, in units or currency, expected to be achieved in a specific period, as determined by a company's budget.