Under Simulation Analysis, the Company Will Use a Computer Program

question 27

True/False

Under simulation analysis, the company will use a computer program to calculate probabilities of a range of estimates such as on the value of sales,

---

Definitions:

Rule 10b-5

A regulation under the U.S. Securities Exchange Act that prohibits fraud, misrepresentation, and deceit in the sale of securities.

1933 Act

Officially known as the Securities Act of 1933, it's a U.S. law enacted to ensure transparency in financial statements so investors can make informed decisions about securities.

1934 Act

The Securities Exchange Act of 1934, a U.S. federal law that regulates the secondary trading of securities (stocks, bonds, and debentures) in the United States, established to increase transparency and reduce fraud.

1934 Act

Refers to the Securities Exchange Act of 1934, which regulates the trading of securities such as stocks and bonds in the U.S. and established the Securities and Exchange Commission.