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CTP · Question #155

(Topic 2) A treasury employee of Company XYZ is privy to financial reporting information yet to be released to the public. He knows that year-end earnings exceed last year's and would be viewed as…

The correct answer is C. exposure avoidance. A company determines that no combination of risk control or financing techniques will produce an adequate, risk-adjusted rate of return on manufacturing a new product. It decides to discontinue the product line. This is an example of:

Understand the Treasury Environment

Question

  • (Topic 2)

A treasury employee of Company XYZ is privy to financial reporting information yet to be released to the public. He knows that year-end earnings exceed last year’s and would be viewed as positive to the investment community. He casually mentions to a relative that now would be a good time to buy the stock of Company XYZ. Which section of the treasury code of ethics would typically be violated by such a disclosure?

Options

  • Acapacity error.
  • Bindemnification.
  • Cexposure avoidance.
  • Dconsequential damages.

How the community answered

(16 responses)
  • A
    13% (2)
  • B
    6% (1)
  • C
    75% (12)
  • D
    6% (1)

Explanation

A company determines that no combination of risk control or financing techniques will produce an adequate, risk-adjusted rate of return on manufacturing a new product. It decides to discontinue the product line. This is an example of:

Topics

#code of ethics#insider trading#material non-public information#exposure avoidance

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