FAR 2

Question 1

Fair Value of Land

Answer 1

Highest and Best use

Question 2

Fair Value with no Principal Market

Answer 2

Most advantageous market before transaction cost

ie. NY would be the most advantageous market. Price to use would be 103

Question 3

Most Advantageous Market

Answer 3

Highest Price net of Transaction cost

Question 4

10Q Due Dates

Answer 4

Large Accelerated and Acclerated = 40 days
Non-accelerated = 45

Question 5

10% size Test

Answer 5

1. Reported Revenue >10% of combined revenue
2. Profit/Loss > 10% of the greater of
   a. Combined profit of all segments that did not report a loss
   b. combined loss of all segments that reported a loss
3. Assets > 10% of combined assets

Question 6

Form 6k

Answer 6

Semiannual report by foreign private issuers(unaudited)

Question 7

Form 40-F

Answer 7

Annually, Specific Canadian Companies registered with the SEC(Audited)

Question 8

Form 20-F

Answer 8

Annually, non-U.S registrants registered with the SEC (Audited)

Question 9

Segment profit/Loss

Answer 9

allocations for general operating costs and interest should not be made for purposes of segment disclosures

Question 10

Forms 3, 4, and 5

Answer 10

Filed by directors, officers, or beneficial owners of more than 10% of a class of equity securities of a registered company

Question 11

Regulation S-X

Answer 11

Form and content of and requirements for interim/annual F.S to be filed with the SEC

Question 12

Regulation S-K

Answer 12

Non-Financial reporting requirements for various SEC filings used by public companies