A 'Public' Company

question 14

Multiple Choice

A 'public' company

• A)is never a 'reporting entity'.
• B)is essentially the same as a 'private' company.
• C)must appoint an auditor.
• D)must have its shares traded on a stock exchange.

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Definitions:

Fallacy

A reasoning error that causes an argument to be invalid.

Examples

Instances or cases that are representative of a concept, principle, or condition, used to illustrate or clarify.

Generalize

To make a general statement or concept by inferring from specific cases.

Sufficient

Adequate to achieve a goal or meet a requirement without the need for more.