What Is the Primary Purpose for the SEC's Requirement to Disclose

question 64

Multiple Choice

What is the primary purpose for the SEC's requirement to disclose all transactions of senior management?

• A)To make the public aware that members of management are typically greedy.
• B)To allow employees the opportunity to see the salaries commanded by management so that they can negotiate proportional increases.
• C)To hold management accountable for any unacceptable personal use of corporate assets.
• D)To give shareholders the indication that management is earning compensation through every possible avenue,as deserved.

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Definitions:

Industrial Products Salesperson

A professional who specializes in selling goods and materials used in production and manufacturing processes to businesses.

Computer Chip Manufacturers

Computer chip manufacturers are companies engaged in the design, development, and fabrication of microchips or integrated circuits used in various electronic devices.

Sales Trainee

An individual who is undergoing training to acquire the skills and knowledge required to perform effectively in a sales role.

Sales Management

The process of directing a company's sales team by developing strategy, managing sales operations, and setting sales targets to maximize profits.