Under Sarbanes-Oxley, When Must a Company File an 8-K

question 50

Multiple Choice

Under Sarbanes-Oxley, when must a company file an 8-K?

• A) every quarter
• B) annually
• C) only when selling stock
• D) within one day of any changes listed in the statute

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Definitions:

Unemployment Benefits

Payments made by the government or a private entity to individuals who are unable to find employment.

SNAP Benefits

Financial assistance provided through the Supplemental Nutrition Assistance Program to eligible low-income individuals and families for purchasing food.

Comprehensive Income

The total change in equity for a business enterprise during a period from transactions and other events from non-owner sources.

Cash Income

Income received in the form of money as opposed to in-kind benefits or services, often considered for taxation and reporting purposes.