An Example of Information Found in the Statistical Section of the Comprehensive

question 3

True/False

An example of information found in the statistical section of the comprehensive annual financial report (CAFR) is demographic information such as unemployment rates, and personal income of citizens.

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Definitions:

Insider Trading

Illegal buying or selling of a corporation’s securities by corporate insiders, such as officers and directors, on the basis of material, nonpublic information and in breach of a fiduciary duty or some other relationship of trust and confidence.

Martha Stewart

An American retail businesswoman and former television personality, known for her omnimedia empire and insider trading conviction.

SEC Investigators

Personnel from the Securities and Exchange Commission (SEC) responsible for examining and enforcing compliance with securities laws.

Insider Trading

The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.