Annual Report Flashcards

1
Q

In the United States, which regulatory body dictates the requirements on an Annual Report?

A The Financial Accounting Standards Board

B The Internal Revenue Service

C The Securities and Exchange Commission

D The Public Companies Accounting Oversight Board

A

C

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2
Q

In general, companies must file their Annual Report on Form 10-k within how many days of the fiscal year-end date?

A 50 days

B 60 days

C 75 days

D 90 days

A

D

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3
Q

How many parts are in a typical Annual Report on Form 10-k?

A 2 parts

B 3 parts

C 4 parts

D 5 parts

A

C

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4
Q

All of the following are included in Item 8, Financial Statements and Supplementary Data except:

A Report of the management team

B Notes to the financial statements

C Management discussion and analysis

D Report of the independent auditors

A

C

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5
Q

Which of the following statements regarding the Annual Report for Shareholders or Annual Review is most accurate?

A The Annual Review typically contain more information than on the Annual Report on Form 10-k

B The Annual Review follows the same formatting requirements as the Annual Report on Form 10-k

C The Annual Review is often a summary of information found on the Annual Report on Form 10-k

D The Annual Review includes exclusive information that is typically not found on the Annual Report on Form 10-k

A

C

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