Prospectus Study guides, Class notes & Summaries

Intermediate Accounting 1: Exam 1major financial statements - correct answer BS, IS, SCF, OE, Notes to the FS additional sources - correct answer Presidents Letter, Prospectus, SEC filings, news release, financial forecast, environmental, non financial audience - correct answer Investors and Creditors customers SEC/government agencies employees/unions ratios, future cash flows, investment, management - correct answer investors and creditors look at objective - correct answer ...

The Securities & Exchange Commission (SEC) was created by Congress in A 1929 B 1933 C 1934 D 1940 - Answer- 1934 The Act of '34 created the SEC. The term 'disclaimer' is most often associated with A The fact that no agent can guarantee a customer against loss B The fact that unregistered securities are more risky than registered ones C The fact that the government cannot guarantee the accuracy of the information in a prospectus D None of the above - Answe...

1. Which one of the following steps should be taken first in a risk management program? A. Purchasing of adequate insurance B. Conducting of employee safety drills C. Identifying hazards and risks D. Conducting staff in-services on incident reporting and accident prevention. - ANSWER-C. Identifying hazards and risks 2. Which of the following professionals is authorized to dispense medications? A. registered nurse B. licensed nurse, physician and, in some states, medication aide. ...

Exempted issuers are defined under the: correct answer: -Securities Act of 1933 Which of the following securities are exempt from the registration provisions of the Securities Act of 1933? correct answer: -U.S. Government issues -U.S. Government agency issues -General Obligation Bonds -Industrial Revenue Bonds U.S. Government agency securities: correct answer: -are exempt securities under the Securities Act of 1933 Banker's Acceptances are: correct answer: -money market in...

Series 79, Fact Sheet A company has reported risk factors on the annual 10-K, and there are material changes to those risk factors. What does the company do? - correct answer Report any material changes on the next 10-Q. (1) IRS Rule 388(h)(10 - correct answer Allows a purchaser to treat an equity acquisition as an asset sale for tax purposes. The purchaser would benefit from a stepped up basis as a result. (2) An acquirer pays a golden parachute to an executive of a target company in exc...

The Securities & Exchange Commission (SEC) was created by Congress in A 1929 B 1933 C 1934 D 1940 : 1934 The Act of '34 created the SEC. The term 'disclaimer' is most often associated with A The fact that no agent can guarantee a customer against loss 2 | P a g e B The fact that unregistered securities are more risky than registered ones C The fact that the government cannot guarantee the accuracy of the information in a prospectus D None of the above : The fact that the govern...

1 FLORIDA REAL ESTATE EXAM QUESTIONS & ANSWERS, GRADED A+/ Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a down payment and gets a mortgage in the amount of $150,000.00 and there is no other consideration for the transfer. How much will the doc stamp tax on the deed be? 1) $1,050.00 2) $1,260.00 3) $630.00 4) $525.00 - -$1,260.00 Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. Heather has b...

Florida Real Estate Exam Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a down payment and gets a mortgage in the amount of $150,000.00 and there is no other consideration for the transfer. How much will the doc stamp tax on the deed be? 1) $1,050.00 2) $1,260.00 3) $630.00 4) $525.00 - correct answer -$1,260.00 Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. Heather has been using a roadway...

TCB wants to offer $57 million worth of common stock in its home state and in three other states. To clear the offer for sale, TCB must file a(n): A) letter of notification. B) registration statement. C) preliminary prospectus. D) offering circular. - correct answerB A generic ad for an investment company placed by a broker-dealer would contain: A) neither the name of the investment company nor the broker-dealer. B) both the name of the investment company and the broker-dealer. C...

Series 79Don’t have to register securities if - correct answer 1. securities are exempt 2. Transaction is exempt C Corp - correct answer Big corp Can file to be public Does not pass through gains & losses to shareholders (pays corporate income tax) Anyone can invest Taxed at favorable rates if held for more than 1 year S Corp - correct answer Small corp Max 100 shareholders Ineligible to list on exchange PAss through gains & losses to shareholders (does not pay cor...