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Audit procedures should be proportional to which of the following?
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.
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