Analyzing Financial Reports Exam Questions & Answers (Grade A+).docx

Analyzing Financial Reports Exam
Questions & Answers (Grade A+)
TRUE /FALSE:10-Q's must be filed four times a year for publicly
traded companies. -
correct answer ✅False


TRUE /FALSE:Both the 10-K and 10-Q filings are audited. -
correct answer ✅False


TRUE /FALSE:All publicly traded companies and private companies
with revenues greater than $850m must file 10-K's annually with
the SEC. -
correct answer ✅False private companies do not need to file


TRUE /FALSE:For large accelerated filers, 10-K's must be filed no
later than 90 days after the fiscal year-end date. -
correct answer ✅FALSE For large accelerated filers, 10-K's must
be filed no later than 60 days after the fiscal year-end date.


TRUE /FALSE: For accelerated filers, 10-K's must be filed no later
than 90 days after the fiscal year-end date. -
correct answer ✅FALSE For accelerated filers, 10-K's must be filed
no later than 60 days after the fiscal year-end date.