Proxy statements are:
A)filed by an entity that acquires a beneficial ownership of more than 5 percent in a company.
B)interim financial statements need not be audited.
C)materials submitted to shareholders for votes on corporate matters.
D)used to disclose unscheduled material events.

Question

Quizplus · Accepted Answer

Proxy statements are materials submitted to shareholders for votes on corporate matters. They provide important information on matters such as the election of directors, executive compensation, and shareholder proposals.

Proxy Statements Are