Integral Corp. is subject to the reporting provisions of the Securities Exchange Act of 1934. For its current fiscal year, Integral filed the following with the SEC: quarterly reports, an annual report, and a periodic report listing newly appointed officers of the corporation. Integral did not notify the SEC of shareholder "short-swing" profits, report that a competitor made a tender offer to Integral's shareholders, and report changes in the price of its stock as sold on the New York Stock Exchange. Under the SEC reporting requirements, which of the following was Integral required to do?

A. Report the tender offer to the SEC.
B. Notify the SEC of shareholder "short-swing" profits.
C. File the periodic report listing newly appointed officers.
D. Report the changes in the market price of its stock.

Answer: C. File the periodic report listing newly appointed officers.

Business

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The term goal congruence refers to the ________

A) matching of financial goals of the company with its nonfinancial goals B) aligning the goals of business segment managers with the goals of top management C) achievement of the goals set by the management by utilizing the resources available D) duplication of costs as a result of decentralization

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Market segments should be internally:

A) heterogeneous B) identifiable C) unique D) homogeneous

Business