Question

True or False

1. Financial Analysts working for a publicly traded company, regardless of position or management level, are subject to rules about inside information.

2. Inside information can only be learned from a company employee.

3. The SEC requires companies to file a 10-Q at the end of each of the first three quarters of their fiscal year.

4. Management does not release any material outside of the three major financial documents.

5. The form 10-K is a document that includes an overview of the company’s financial health, detailed financial statement and notes.

6. Non-GAAP information is always a major component of the form 10-K.

Answer 1

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Financial Analysts working for a publicly traded company, regardless of position or management level, are subject to rules about inside information.

True. Every one are subject to rules about inside information.

Inside information can only be learned from a company employee.

False. Inside information can only be learned from anyone only when it becomes public.

The SEC requires companies to file a 10-Q at the end of each of the first three quarters of their fiscal year.

True. The SEC requires companies to file a 10-Q within 45 days at the end of each of the first three quarters of their fiscal year.

Management does not release any material outside of the three major financial documents.

True.

The form 10-K is a document that includes an overview of the company’s financial health, detailed financial statement and notes.

True.

Non-GAAP information is always a major component of the form 10-K.

True.