A Trailer Record Is an Extension of A(n)

question 88

Multiple Choice

A trailer record is an extension of a(n)

• A) master record.
• B) attribute.
• C) segment.
• D) transaction record.

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Definitions:

Registration

The act of recording something, such as a company's securities, with a regulatory authority to ensure compliance with applicable rules.

Securities

Financial instruments that represent ownership positions in corporations (stocks), creditor relationships with governmental bodies or corporations (bonds), or rights to ownership as represented by an option.

Forms

Documents with a prescribed format used for processing information relevant to business transactions, applications, surveys, or registrations.

Small Reporting Company

A designation by the SEC for smaller public companies that allows them to comply with less stringent financial reporting and disclosure requirements.