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Which of the Following Statements Best Describes Listing on a Stock

Question 25

Multiple Choice

Which of the following statements best describes listing on a stock exchange?


A) Listing is a decision of more significance to a firm than going public.
B) Listing provides a company with some "free" advertising, and it may enhance the firm's prestige and help it do more business.
C) Listing reduces the reporting requirements for firms, because listed firms file reports with the exchange rather than with the security commission.
D) The OTC is the second largest market for listed stock, and it is exceeded only by the TSX.

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