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Which of the Following Statements Is NOT True Regarding the JOBS

Question 31

Multiple Choice

Which of the following statements is NOT true regarding the JOBS Act?


A) The JOBS Act made it harder for startups and other small businesses to raise capital from members of the public using the Internet.
B) The JOBS Act permits emerging growth companies to include as little as two years of audited financial statements and selected financial data.
C) The JOBS Act permits emerging growth companies to make an initial public offering by meeting all applicable requirements.
D) Congress passed the Jumpstart Our Business Startups Act (the JOBS Act) ,which President Obama signed in April 2016.

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