Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Which of the following is a difference between a public company and a private one?

 a. Public companies use different accounting software than private ones b. Public companies will always have more employees than a private one c. Only public companies can form corporations d. Public companies must have audited financial statements and prepared SEC reports   

user-image
Question added by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة
Date Posted: 2016/02/29
احمد الحرز
by احمد الحرز , MIS Analyst , Arab National Bank

d. Public companies must have audited financial statements and prepared SEC reports   

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Correct answer is:

Answer D

Nabil Hassan
by Nabil Hassan , Financial Advisor , Mubarak Al-Suwaiket Group

c. Only public companies can form corporations 

Adel Ali  El-Said
by Adel Ali El-Said , Internal Audit Director . Al Majed for Oud , Al majed for Oud

the answer is D

 

 according Sarbanes-Oxley Act 

abdelaziz allam
by abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م

Answer D................................

Mohamed matar
by Mohamed matar , Finance Manager , ASG Group

...........The answer is........

 

........d. Public companies must have audited financial statements and prepared SEC reports   

More Questions Like This