Concerning the Reporting Environment,which of the Following Statements Is Not

Multiple Choice

Concerning the reporting environment,which of the following statements is not true?

A) Many companies can submit required financial and tax fillings electronically to the SEC and IRS.
B) Management reports are usually developed in spreadsheets and disseminated either through e-mail or by posting on the company intranet.
C) For many companies,the electronic dissemination of reports containing financial information has been an efficient process for some time.
D) Many companies post their financial statements on their corporate web sites.