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
Advanced Financial Accounting
ISBN: 9781260165111
12th Edition
Authors: Theodore Christensen, David Cottrell, Cassy Budd
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