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1.
If you are not a shareholder of a company, but wish to receive an annual report, you must contact the CEO of the company.
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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.
2.
All corporations must provide their shareholders with information on business operations.
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True. Law requires it.
3.
A company's quarterly report is more comprehensive than its annual report.
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False. The quarterly report contains less information.
4.
In what part of a company's annual report would you find information on new government laws that may affect a company?
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The profit and loss statement. Information on such events may be found in the footnotes.
5.
In a company's annual report, the _______ includes predictions for the future.
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Chairperson's letter. This letter also covers the high points of the past year's business.