Material Nonpublic Information Is Defined as Any Information That Could

question 33

Multiple Choice

Material nonpublic information is defined as any information that could reasonably be expected to do which one of the following?

• A)affect the price of the firm's securities
• B)cause great embarrassment to the firm
• C)cause one or more of the senior executives of the firm to resign
• D)cause the SEC to halt the trading of the firm's securities should that information become public
• E)affect the manner in which the firm presents its financial information

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Definitions:

Inkblot Test

A projective psychological test consisting of ambiguous inkblots presented to a subject, whose interpretations of the blots are analyzed to give insights into their personality and emotional functioning.

Thematic Apperception Test

A projective psychological test that uses storytelling in response to pictures to assess personality and emotional functioning.

Interest Inventories

Tests that measure likes and dislikes as well as one’s personality orientation toward the world of work. Generally used in career counseling. It is a type of personality test.

Diagnostic And Statistical Manual

A publication by the American Psychiatric Association that offers a common language and standard criteria for the classification of mental disorders.