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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