Trading activity by mutual funds just prior to quarterly reporting dates is know
ID: 2656686 • Letter: T
Question
Trading activity by mutual funds just prior to quarterly reporting dates is known as insider trading program trading sweeping under the rug window dressing none of the above Trading activity by mutual funds just prior to quarterly reporting dates is known as insider trading program trading sweeping under the rug window dressing none of the above Trading activity by mutual funds just prior to quarterly reporting dates is known as insider trading program trading sweeping under the rug window dressing none of the aboveExplanation / Answer
Answer :- (D)
Trading activity by mutual funds just prior to quarterly reporting dates is known as Window dressing .
A window dressing is just temporary fake changes in financial statements to show them clear and of good strength . It helps in mutual funds to attract the parties