The Cost of Meeting SEC and Possibly Additional State Reporting

question 3

True/False

The cost of meeting SEC and possibly additional state reporting requirements regarding disclosure of financial information, the danger of losing control, and the possibility of an inactive market and an attendant low stock price are potential disadvantages of going public.

---

Definitions:

Older Workers

Individuals in the labor market who are typically considered to be near the latter part of their careers, often due to age.

Single Workers

Workers who are not only unmarried but also may represent sole earners in their households or individual contributors in the workforce.

Wage Level

The average rate of pay for workers or employees within a specific area or sector.

Labor Demand

The total amount of workers that employers are willing and able to hire at a given wage rate.