Page 75 1. (LO 2-4) What would be most likely to be disclosed in an 8-K filing to the SEC? a. Financial statements b. Change in auditor c. Management discussion and analysis d. Overview of a company's main operations 2. (LO 2-4) What is the computer-based standard used to define and exchange financial information from financial statements preparers to financial statement users? a. SEC EDGAR b. XBRL c. Earnings call d. Customer relationship management 3. (LO 2-5) Which system would be used to manage the hiring process for all potential employees? a. Human Resource Management System b. Customer Relationship Management System c. Supply Chain System d. Financial Reporting System 4. LO 2-4) The biggest difference between a 10-K and a 10-Q is the. a. frequency of b. agency that receives the c. financial statements included in the d. company providing the 5. LO 2-5) The chapter suggested that. cost or net realizable value of inventory. a. product reviews b. inventory counts c. structured data d. supply chain data disclosure. be used to help evaluate inventory obsolescence and the lower of