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How Many of These Statements Concerning Concise Financial Reports Are \bullet

Question 22

Multiple Choice

How many of these statements concerning concise financial reports are true?
\bullet There is a charge to the shareholder for requesting a full financial report but the concise report is free.
\bullet If a shareholder accepts a concise financial report they cannot also request a full report.
\bullet Must be drawn up in accordance with accounting standards.
\bullet The financial statements in the concise report need not comply with all the accounting standards.


A) 0
B) 1
C) 2
D) 3

Correct Answer:

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