Question

An external auditor's involvement with a Form 10-Q that is being prepared for filing with the SEC would most likely consist of An audit of the financial statements included in the Form 10-Q b. а. A compilation report of the financial statements included in the Form 10-Q A review of the interim financial statements included in the Form 10-Q d. с. The issuance of an opinion on the internal controls under which the Form 10-Q data were developed Which of the following is not filed with the SEC on a regular periodic basis? 6. Form 10-K b. Form 10-Q Proxy Statement d. Prospectus а. с. 7. Which party is required to issue a separate Internal Controls Report that accounts for the existence and effectiveness of the entity's internal controls over the financial statements? Management b. Internal Auditors a. Board of Directors с. dManagement None of the above е. Management intends to launch a new product line in the upcoming year (2020). Management also intends to invest in a new operating plant in Long Island City. Where would this expectation be disclosed? 8. 2019 Financial statements 2019 Footnotes а. b. 2019 MD&A None of the above c. d. 9. What is a prospectus? A document attached to a Form 8-K A potential stockholder as defined by Regulation S-K a. b. A document a company files with the SEC prior to filing a registration statement. The first part of a registration statement that a company must furnish to all potential buyers of a new security. с. d. 10. The Securities Exchange Act of 1934: Regulates the public trading of previously issued securities through brokers and exchanges a. Prohibits blue sky laws. b. Regulates the initial offerings of securities by a company. c. Requires the registration of advisers d. 11. Which of the following statements is true? The Securities Exchange Act of 1934 regulates intrastate stock offerings by a company. The Securities Act of 1933 regulates the subsequent public trading of securities through brokers and markets The Securities Exchange Act of 1934 is commonly referred to as blue sky legislation. а. с. The Securities Act of 1933 regulates the initial offering of securities by a company. d.

Answer 1

Answer:

5. (c) A review of interim financial statements included in the form 10-Q.

6. (d) A prospectus

7. (b) Internal auditors

8.(d) none of the above

9. (d) the first part of registration statement that a company must furnish to all potential buyers of a new security.

10. (a) Regulates the public trading of previously issued securities through brokers and exchanges.

11. (d) the securities act of 1933 regulates the initial offering of securities by a company.