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1.
In a company's annual report, the _______ includes predictions for the future.
Choose wisely. There is only one correct answer.
Chairperson's letter. This letter also covers the high points of the past year's business.
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.
Choose wisely. There is only one correct answer.
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.
A company's quarterly report is more comprehensive than its annual report.
Choose wisely. There is only one correct answer.
False. The quarterly report contains less information.
4.
To get more financial details about a company than you would find in an annual report, you can read a ________.
Choose wisely. There is only one correct answer.
10K report. This report is written by large companies and is very detailed.
5.
All corporations must provide their shareholders with information on business operations.
Choose wisely. There is only one correct answer.
True. Law requires it.