WallStreet Prep: Analyzing Financial
Reports questions and answers
True or false: 10-Q's must be filed four times a year for publicly traded
companies. - answer False; only 3x a year
True or False: Both the 10-K and 10-Q filings are audited. - answer False;
only 10-K filings are audited
True or false: All publicly traded companies and private companies with
revenues greater than $850m must file 10-K's annually with the SEC. -
answer False
True or false: For large accelerated filers, 10-K's must be filed no later
than 90 days after the fiscal year-end date. - answer False; for large
accelerated filers, 10-Ks must be filed not later than 60 days after the
fiscal year-end date.
True or false: For accelerated filers, 10-K's must be filed no later than 90
days after the fiscal year end date. - answer False; For accelerated filers,
10-K's must be filed no later than 60 days after the fiscal year-end date.
Companies often produce glossy annual reports.
Reports questions and answers
True or false: 10-Q's must be filed four times a year for publicly traded
companies. - answer False; only 3x a year
True or False: Both the 10-K and 10-Q filings are audited. - answer False;
only 10-K filings are audited
True or false: All publicly traded companies and private companies with
revenues greater than $850m must file 10-K's annually with the SEC. -
answer False
True or false: For large accelerated filers, 10-K's must be filed no later
than 90 days after the fiscal year-end date. - answer False; for large
accelerated filers, 10-Ks must be filed not later than 60 days after the
fiscal year-end date.
True or false: For accelerated filers, 10-K's must be filed no later than 90
days after the fiscal year end date. - answer False; For accelerated filers,
10-K's must be filed no later than 60 days after the fiscal year-end date.
Companies often produce glossy annual reports.
