Bill is a public accountant auditing Expo Corporation. Based on information in Expo's confidential
records, Bill recommends the purchase of Expo stock to his brother.
A) If Bill told a non-relative who purchases Expo stock, no insider trading laws would be
violated.
B) Bill is not an insider because he is not an officer or employee of Expo Corporation
C) Bill is involved in insider trading prohibited by the SEC.
D) Bill's brother has no direct connection to Expo Corporation and therefore his purchase of the
stock is not prohibited by insider trading laws.
C
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At a trade show, manufacturers should weed out which type of buyer group because they are not interested in buying and would take up too much of the vendor's time?
A) solution seekers B) buying teams C) education seekers D) reinforcement seekers
Because retained earnings are a form of internal financing, the dividend decision can significantly affect a firm's external financing requirements
Indicate whether the statement is true or false
Variable costs per unit are not affected by changes in activity.
Answer the following statement true (T) or false (F)
The purpose of the purchase determines the amount of effort a person will put into the decision.
a. true b. false