In the Context of Financial Statements, Which of the Following

Multiple Choice

In the context of financial statements, which of the following statements is true of large corporations?

A) Large corporations with publicly traded stock must provide an annual report containing financial statements to all stockholders.
B) They must file reports with the Securities and Exchange Commission every five years.
C) Large corporations with privately traded stock must provide an annual report containing details of incoming and outgoing cash.
D) They must file quarterly and annual reports with the Financial Accounting Standards Board.