Question

Which of the following forms is used in connection with the registration of securities of a small reporting company with $25 million of annual revenues and of $25 million of voting securities held by non-affiliates? S-8.

S-3.

S-4.

S-1.

S-11.

Which one of the following requires the maintenance of accounting records and adequate internal accounting controls?

Multiple Choice

• The Securities Act of 1933.

• The Securities Exchange Act of 1934.

• The Investment Company Act of 1940.

• The Foreign Corrupt Practices Act of 1977.

• Insider Trading Sanctions Act of 1984.

• Regulation S-K:

  Multiple Choice

• Controls the listing of securities by stock exchanges.

• Establishes requirements for nonfinancial information to be filed with the SEC.

• Prescribes the form of financial statements to be filed with the SEC.

• Describes the internal controls a publicly traded company must maintain.

• Prescribes the financial disclosure information that must be included in filings with the SEC.

Answer 1

Answer 1 - S-1

S-1 form is used in connection with the registration of securities of a small reporting company with $25 million of annual revenues and of $25 million of voting securities held by non-affiliates? S-8

Answer 2

Foreign Corrupt Practices Act of 1977.

Answer 3

Establishes requirements for non financial information to be filed with the SEC.