The statement that is is true concerning the company’s requirement to report to the SEC is that they a)Required to report major business developments and must file annual and quarterly financial reports.
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What is sec?</h3>
SEC serves as the organization that protects investors through enforcement of nation's securities laws, against wrongdoers, and overseeing our securities markets .
Therefore, option A is correct.
Other options for the question are:
a)Required to report major business developments and must file annual and quarterly financial reports.
b)Not required to report information to the SEC.
c)Requirement to file depends on the company’s assets and shareholder base.
d)Must file annual and quarterly financial reports
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Alexis your my sister you know my middle name ..... its Elizabeth
Explanation:
I’m not too sure but it may be C.
Answer: I'm not 100% sure but I think the correct answer is, A. Operating a Ponzi scheme.
Hope this helps, please let me know if this was the correct answer.
