Which of the Following Statements About "Inside Information" Is FALSE

question 269

Multiple Choice

Which of the following statements about "inside information" is FALSE?

• A) It is information that is not available to the general public.
• B) It is illegal to knowingly use inside information when trading stocks.
• C) Profits can be made using inside information.
• D) The government never imposes fines or other penalties for abuse of inside information.

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Definitions:

Inventories

The raw materials, work-in-process products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Professional Development

Activities that improve and increase capabilities of professionals through the acquisition of skills and knowledge, often related to their career.

Human Capital

The combined abilities, expertise, and experiences owned by a person or a group, regarded in relation to their worth or expense to a company or nation.

Capital Goods

Long-lasting goods used in the production of other goods or services, such as machinery, buildings, and equipment.