Chapter 12 Exam 3 NFP Questions with
Complete Solutions
What is a prospectus?
A. The first part of a registration statement that a company must furnish to all potential buyers of
a new security.
B. A document attached to a Form 8-K.
C. A potential stockholder, as defined by Regulation S-K.
D. A document a company files with the SEC prior to filing a registration statement. A
Which of the following is usually not filed with the SEC on a regular periodic basis?
A. A Form 10-Q
B. A prospectus
C. A proxy statement
D. A Form 10-K B
,a prospectus is filed only in connection with the initial offering of a security
What is EDGAR?
Multiple Choice
A. A system designed by the SEC to allow electronic filings.
B. A system the SEC uses to reject registration statements that do not contain adequate
information.
C. A branch of the government that oversees the work of the SEC.
D. The enforcement arm of the SEC. A
EDGAR Electronic Data Gathering, Analysis, and Retrieval
An annual report filed with SEC is the:
Multiple Choice
A. Form 10-K.
B. Form 10-Q.
, C. Regulation S-X.
D. Form 8-K.
E. wraparound filing. A
Under Sarbanes-Oxley, how often must the firm rotate audit partners?
Multiple Choice
A. Every 5 years
B. Every 12 years
C. Every 7 years
D. Every 3 years
E. Every 10 years A
The two broad types of SEC filings are:
Multiple Choice
A. regulations and periodic reports.
B. reconciliation statements and perpetual filings.
Complete Solutions
What is a prospectus?
A. The first part of a registration statement that a company must furnish to all potential buyers of
a new security.
B. A document attached to a Form 8-K.
C. A potential stockholder, as defined by Regulation S-K.
D. A document a company files with the SEC prior to filing a registration statement. A
Which of the following is usually not filed with the SEC on a regular periodic basis?
A. A Form 10-Q
B. A prospectus
C. A proxy statement
D. A Form 10-K B
,a prospectus is filed only in connection with the initial offering of a security
What is EDGAR?
Multiple Choice
A. A system designed by the SEC to allow electronic filings.
B. A system the SEC uses to reject registration statements that do not contain adequate
information.
C. A branch of the government that oversees the work of the SEC.
D. The enforcement arm of the SEC. A
EDGAR Electronic Data Gathering, Analysis, and Retrieval
An annual report filed with SEC is the:
Multiple Choice
A. Form 10-K.
B. Form 10-Q.
, C. Regulation S-X.
D. Form 8-K.
E. wraparound filing. A
Under Sarbanes-Oxley, how often must the firm rotate audit partners?
Multiple Choice
A. Every 5 years
B. Every 12 years
C. Every 7 years
D. Every 3 years
E. Every 10 years A
The two broad types of SEC filings are:
Multiple Choice
A. regulations and periodic reports.
B. reconciliation statements and perpetual filings.
