Insider Trading Involves the Use of Information Not Available to the General

question 2

True/False

Insider trading involves the use of information not available to the general public to make profits from trading in a company's stock.

---

Definitions:

Cotton Products

Items manufactured from cotton, such as clothing, textiles, and other goods.

Accumulated Depreciation

The cumulative amount of depreciation for a tangible asset, representing the total expense allocated to it from the time of acquisition and readiness for utilization.

Book Value

The net value of a company's assets as recorded on its balance sheet, often compared to its market value.

Equipment Account

An account on the balance sheet that represents the total cost of machinery and equipment owned by a company, less accumulated depreciation.