Question: Identify the true statements about Form S - 1 for registering securities with the SEC. Form S - 1 has two different levels of disclosure.

Identify the true statements about Form S-1 for registering securities with the SEC.
Form S-1 has two different levels of disclosure.
Part 1 of the Form S-1 is intended primarily for investors and includes the basic information package.
Part II of Form S-1 includes detailed information about directors and officers and additional financial statement schedules.
Part I of Form S-1 includes a list of the expenses involved in issuing and distributing a new security.
Form S-1 is an abbreviated form for present registrants who have other publicly traded stock.

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