Answer:
The statement is: False.
Explanation:
While often associated with illegal activity, insider trading encompasses both illegal and legal trading of securities and is monitored by the <em>Securities and Exchange Commission </em>(SEC). Illegal insider trading occurs when a person uses material, non-public information to decide between buying or selling a security.
Legal insider trading takes place when corporate insiders, officers, directors, and employees trade securities issued by their own company. When a corporate insider buys or sells his company's securities, this trading activity must be reported to the SEC, which then discloses this information to the public.
Answer:
True
Explanation:
A partnership is a type of business owned by two or more individuals known as partners. The partners join forces to exploits their talents and resources and profit from the business. A partnership may comprise of general and limited /silents partners.
The general partner participates in the day to day activities of the business. He or she makes business decisions on behalf of the partnership. Because a general partner is actively involved in managing the business, he has unlimited liability to its obligations. Should the partnership fail to meet its obligation, the assets of a general partner sold to settle the debts. He or she need not have been involved in creating the liability.
Answer:B.40.9%
Explanation:
If $675 spend on mortgage and his monthly income is $1650
So the percentage will be:
$675 / $1650 × 100
= 0.409 ×100
= 40.9%
Answer:
False
Explanation:
In the case when the tax burden increased so the role of the auditor is to audit the financial statements of the company and based on this they given the opinion that could be either favorable or unfavorable also they look into the operational effectiveness and efficiency but the role of the auditor is not increasingly important as for the tax purpose the tax accountant should be considered such as Chartered accountant, etc
