________is transaction in securities of the company by an insider on the basis of unpublished price sensitive information

Related MCQs

• Common governance problems of corporate failures in India are i. Accounting frauds carried out in collusion with statutory auditors ii. Insider trading iii. Fiduciary failure by the board iv. Disproportionate compensation paid to executive board members and senior management.
• The process of inspecting a document that supports a recorded transaction in order to verify the authority and authenticity of such a transaction
• “The process of inspecting documents that supports a recorded transaction in order to verify the authority and authenticity of such a transaction” is
• The first auditor of a government company shall be appointed within 60 days from the date of registration of the company by.
• The first auditor of a company, other than a Government company, shall be appointed by
• The arrangement of duties of staff in such a manner, that the work of one person is automatically checked by another during the course of carrying out, recording and processing a transaction.
• Errors occurring when generally accepted accounting principles are not observed while recording any transaction in the books of accounts
• An error occurs due to negligence in recording the details of transaction, such errors are of clerical nature and are of wrong entries,wrong positioning,additions,transfer,etc.. is called
• A systematic and independent examination of data ,statements,records,operations,and performance(financial or otherwise) for a stated purpose. In any auditing situation,the auditor perceives and recognizes the propositions before him for examination,collects evidence,evaluates the same and on the basis formulates his judgement which is,communicated through his audit report.” This definition is given by
• Report issued when the auditor on the basis of sufficient appropriate audit evidence, concludes that misstatements are both material and pervasive to the financial statement