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    shoddy's Avatar
    shoddy Posts: 1, Reputation: 1
    New Member
     
    #1

    May 21, 2010, 09:15 AM
    What accounting principle relates to insider trading?
    A company has acquired a contract that will enhance the business and stock. The managers buy stock before it is made public. The stock jumps considerably once it is known of the contract. What principle does this buying of stock by the managers associate with?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
     
    #2

    May 21, 2010, 09:29 AM
    Thank you for taking the time to copy your homework to AMHD.
    Please refer to this announcement: https://www.askmehelpdesk.com/financ...-b-u-font.html

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