Who Amongst the Following Is an "Expert" Under Section 11

question 16

Multiple Choice

Who amongst the following is an "expert" under Section 11 of the Securities Act of 1933?

• A) A consultant who is an independent director of a company making a public distribution of securities.
• B) An auditor who issues an opinion regarding financial statements of a company making a public distribution of securities.
• C) An accountant in the accounts division of a publicly traded company which is issuing new securities to the public.
• D) An underwriter who is involved in issuance of new securities to the public by a publicly traded company.

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Definitions:

Architecture- Neutral Language

A programming language that is designed to run on any type of computer architecture or operating system, enabling software developers to write a program once and run it anywhere without modification.

Translating Task

The activity of converting text or speech from one language to another.

Commands

Instructions given by a user or a program to a computer or software to perform a specific task or operation.

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A series of actions or operations that follow a specific, logical order with a start and end, often used in algorithms and processing.