WallStreet Prep Analyzing Financial Reports questions and answers 2023

WallStreet Prep: Analyzing Financial Reports Questions and Answers 1. True or false: 10-Q's must be filed four times a year for publicly traded companies.: False; only 3x a year 2. True or False: Both the 10-K and 10-Q filings are audited.: False; only 10-K filings are audited 3. True or false: All publicly traded companies and private companies with revenues greater than $850m must file 10-K's annually with the SEC.: False 4. True or false: For large accelerated filers, 10-K's must be filed no later than 90 days after the fiscal year-end date.: False; for large accelerated filers, 10-Ks must be filed not later than 60 days after the fiscal year-end date. 5. True or false: For accelerated filers, 10-K's must be filed no later than 90 days after the fiscal year end date.: False; For accelerated filers, 10-K's must be filed no later than 60 days after the fiscal year-end date. 6. Companies often produce glossy annual reports. True or false: These reports cannot contain information not included in the 10-K.: False