Public corporations are required by law or regulation to perform all of the following except:
A. Submit much of their financial information to the SEC for review.
B. Make regularly scheduled dividend payments to all stockholders.
C. Have their annual financial statements audited by an independent CPA.
D. Disclose their financial information to the public.
Answer:B
Public corporations are required by law or regulation to perform all of the following except:
A. Submit much of their financial information to the SEC for review. B. Make regularly scheduled dividend payments to all stockholders. C. Have their annual financial statements audited by an independent CPA. D. Disclose their financial information to the public.