Which of the Statements Below Is FALSE

question 87

Multiple Choice

Which of the statements below is FALSE?

• A)The report filed annually with the SEC is known as the 10-K Report.
• B)The 10-K Report contains the annual report,as well as additional information about company history,organizational structure,subsidiaries,and equity holdings.
• C)Officers of a company or others who have a fiduciary responsibility to the owners cannot trade on their acquired private information about the company prior to the information being made public.
• D)The 10-K must be filed within one week after the end of the company's fiscal year.

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing ownership equity in the company.

Cash Dividend

A financial disbursement by a corporation to its stockholders, often as part of the company's profit sharing.

Stock Dividend

A dividend payment made in the form of additional shares rather than cash, increasing the number of outstanding shares.

Common Stock

Equity ownership in a corporation, entitling holders to vote on corporate matters and receive dividends.