Which of the Following Statements Is Correct in Relation to Disclosure

Multiple Choice

Which of the following statements is correct in relation to disclosure documents?

A) The most complete disclosure document on the issue of securities is a profile statement.
B) Prospective investors are not entitled to receive a copy of the prospectus lodged with the ASIC.
C) Information in a disclosure document must be worded and presented in a clear, concise and effective manner.
D) Where a company offers to issue securities which will raise $10 million or less, an offer information statement cannot be issued in place of a prospectus.