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What is it called when a person in possession of privileged financial information?
When a person is in possession of privileged financial information, it is often referred to as having "inside information" or being in a position of "insider status." This can lead to insider trading if the individual uses that information to make investment decisions before it is publicly available, which is illegal in many jurisdictions. The concept is primarily associated with the Stock Market and financial securities.
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An information system that enables a business to record business transactions and report financial information called?
It is called an accounting system.
Why accounting is called an information system?
Accounting is called an information system because it systematically collects, processes, and communicates financial data to support decision-making. It involves recording transactions, classifying financial information, and summarizing it into reports, which provide insights into an organization's financial health. This structured approach enables stakeholders, such as management, investors, and regulators, to make informed decisions based on accurate and timely financial information.
What is a ballance sheet?
ballance sheet is to gave information about asset,liability,and capital(owner equity is called ballance sheet. or: show the financial position in a particular period.
What is consolidating financial statements?
hen a large company acquire one or more small companies then acquiring company is called the parent company and acquired companies are called subsidiary companies so when the financial statements of parent company and subsidiary companies are prepared in one financial statement altogether those financial statements are called consolidated financial statements.
The detailed record of the changes in a particular and 8203 asset liability or and 8203 stockholders' equity is called?
The detailed record of the changes in a particular asset, liability, or stockholders' equity is called a "ledger." Specifically, accounts within the general ledger track these changes over time, providing a comprehensive view of financial transactions and their impact on each account. This information is essential for preparing financial statements and understanding a company's financial position.
What is a system of gathering financial information about a business and reporting this information to users called?
Accounting
An information system that enables a business to record business transactions and report financial information called?
It is called an accounting system.
Government by a privileged minority or upper class is a what?
The system of government by privileged citizens or the upper class is called aristocracy.
What were the wealthy and privileged people of Rome called?
Patricians
A change of possession of the football can be called a?
A change of possession is called a Turnover.
What is the name of a police informer?
A police informer is a person who provides privileged information about a person or organization to an agency. They are often called confidential or criminal informants (CI).
Where can I find the dividends per share information on financial statements?
You can find the dividends per share information on financial statements in the section called "Statement of Changes in Equity" or in the notes to the financial statements.
Why accounting is called the language of business?
Because it communicates financial information, accounting is often called "the language of business." The information that a user of financial information needs depends upon the kinds of of decisions the user makers. The differences in the decisions divide the users of financial information into two broad groups: internal users and external users.
Why accounting is called an information system?
Accounting is called an information system because it systematically collects, processes, and communicates financial data to support decision-making. It involves recording transactions, classifying financial information, and summarizing it into reports, which provide insights into an organization's financial health. This structured approach enables stakeholders, such as management, investors, and regulators, to make informed decisions based on accurate and timely financial information.
What is the system of government run by the privileged upper class called?
autocracy
What is keeping information about children confidential called in relation to financial markets?
Is a fundamental rule
When a person has direct physical control over an object it is called what possession?
When a person has direct physical control over an object, it is called physical possession.
