Within four days after the occurrence of any event that is of material importance to the stockholders,

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Within four days after the occurrence of any event that is of material importance to the stockholders, a company must file a Form 8-K information report with the SEC to disclose the event. An example of the type of event required to be disclosed is

a. A salary increase to the officers.

b. A contract to continue to employ the same certified public accounting firm as in the prior year.

c. A change in projected earnings per share from $12.00 to $12.11 per share.

d. The purchase of bank certificates of deposit.

e. The acquisition of a large subsidiary other than in the ordinary course of business.

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Related Book For  answer-question

Advanced Financial Accounting

ISBN: 9781260165111

12th Edition

Authors: Theodore Christensen, David Cottrell, Cassy Budd

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