Choose wisely. There is only one correct answer to each question.
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1.
A company's quarterly report is more comprehensive than its annual report.
False. The quarterly report contains less information.
2.
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.
3.
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.
4.
A company's _______ provides the company's annual report.
Public relations department. If you are not a shareholder, you must contact the PR department for an annual report.
5.
Annual reports provide information on which of the following?
All of the above. Annual reports provide all this information to shareholders.