Under the Corporations Act a 'disclosing entity' must prepare a half-yearly financial report in addition to an annual report. How many of these are 'disclosing entities'?
A company listed on the stock exchange
A borrowing corporation
A company raising funds through a prospectus
A) 0
B) 1
C) 2
D) 3

Question

Quizplus · Accepted Answer

Under the Corporations Act, 'disclosing entities' include companies listed on the stock exchange, borrowing corporations, and companies raising funds through a prospectus. These entities are required to provide regular financial disclosures to ensure transparency and protect investors.

Under the Corporations Act a 'Disclosing Entity' Must Prepare a Half-Yearly