Examlex
company paying a set amount to Facebook for every time a user clicks on its ad is known as __________,whereas a company that pays pennies for every 1,000 times its ad loads on a Facebook Page and people may see it is referred to as __________.
Investment Company Act of 1940
A law that regulates investment companies and the activities they engage in, including mutual funds, to protect the interests of investors.
Mutual Funds
Investment programs funded by shareholders that trade in diversified holdings and are professionally managed.
Trading in Securities
The practice of buying and selling stocks, bonds, and other financial instruments, typically for short-term profit.
Audit Committee
A subgroup of a company's board of directors that oversees the financial reporting and disclosure process, working closely with auditors.
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