Which Statement About Concise Financial Reports Is True

question 5

Multiple Choice

Which statement about concise financial reports is true?

• A) The company has the right to send a concise report to the shareholder unless they request a full report.
• B) Concise reports do not have to include a statement of changes in equity.
• C) A full report must be sent to the shareholder unless they request a concise report.
• D) The company must apply to ASIC if they want the right to issue concise reports rather than full reports.