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1.
In what part of a company's annual report would you find information on new government laws that may affect a company?
The profit and loss statement. Information on such events may be found in the footnotes.
2.
All corporations must provide their shareholders with information on business operations.
True. Law requires it.
3.
Which type of report dates back 10 to 20 years?
Statistical supplement. This is a very detailed report that is useful for shareholders who want a long-term view of their company's past.
4.
If you are not a shareholder of a company, but wish to receive an annual report, you must contact the CEO of the company.
False. One does not need to contact the CEO of the company to request an annual report. This can be done by simply calling the public relations department of the company or by looking on the Internet.
5.
What part of a company's annual report confirms the accuracy of the information in it?
The auditor's letter. The auditor studies the information in the report and confirms its accuracy.