300191 10K 1D

Question 1

Which of the following are required as part of the filing of the Form 10-Q?

Financial statements

All of the answer choices are correct.

A list of “material events” that have occurred with the company

A discussion from the management

Answer 1

All of the answer choices are correct.

Form 10-Q is the quarterly report required to be filed with the SEC by all publicly traded companies. The Form 10-Q contains financial statements, a discussion from the management, and a list of “material events” that have occurred with the company.

Question 2

Form 10-K

Answer 2

Form 10-K is the annual report required to be filed with the Securities and Exchange Commission (SEC) by all publicly traded companies. It provides a comprehensive report of a company’s business and financial condition, including audited financial statements.

Question 3

Form 10-Q

Answer 3

Form 10-Q is the quarterly report required to be filed with the Securities and Exchange Commission (SEC) by all publicly traded companies. The Form 10-Q contains financial statements, a discussion from the management, and a list of “material events” that have occurred with the company.

Question 4

Securities and Exchange Commission (SEC)

Answer 4

The Securities and Exchange Commission (SEC) is a federal government agency charged with the responsibility of writing rules consistent with federal security laws, investigation of violations, maintenance of financial disclosure documentation, and initiation of action against violators of federal securities acts. The SEC’s main office is in Washington, D.C., but it has “enforcement” and field offices all over the country.

The SEC is charged with the oversight of the Federal Securities Act of 1933, the Federal Securities Exchange Act of 1934, and the Foreign Corrupt Practices Act. The agency serves to govern the registration, offering, sale, etc. of stocks, bonds, notes, convertible debentures, warrants, or other financial documents involving investments and purchases. In addition to writing regulations, the SEC reviews registration statements for compliance with disclosure requirements. The SEC does not determine whether the information provided to investors is accurate or truthful, nor does the SEC determine whether the terms of the offering are fair or reasonable to investors. The mission of the SEC is to protect the integrity of capital markets through enforcement of financial disclosure laws that apply when a business entity attempts to raise capital by selling ownership to investors. The SEC defines what information prospective investors must receive from offerors and what information the entities must continue to report to their shareholders if the entity has a certain number of owners.

Question 5

2141.02

Answer 5

SEC Form 10-Q is the quarterly report. The filing schedule can be found at section 2141.01. Information required on Form 10-Q includes the following:

a. Name, address, and telephone number
b. Financial information
1. Financial statements
2. Management’s discussion and analysis of financial condition and results of operations
3. Quantitative and qualitative disclosures about market risk
4. Controls and procedures

c. Other information
1. Legal proceedings
2. Risk factors
3. Unregistered sales of equity securities and use of proceeds
4. Defaults upon senior securities

Question 6

SEA (15 USC 78a)