Which of the following is a difference between a public company and a private one?

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What are the two most basics financial statements prepared by the companies?
Posted by:
Mohammed Aijaz Ahmed
03-June-2017

a. Public companies use different accounting software than private ones b. Public companies will always have more employees than a private one c. Only public companies can form corporations d. Public companies must have audited financial statements and prepared SEC reports

Accounting Auditing Cost Accounting Budgeting Financial Accounting

Question ajoutée par حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة
Date de publication: 2016/02/29

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par احمد الحرز , MIS Analyst , Arab National Bank

d. Public companies must have audited financial statements and prepared SEC reports

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par georgei assi , مدير حسابات , المجموعة السورية

Correct answer is:

Answer D

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par Nabil Hassan , Financial Advisor , Mubarak Al-Suwaiket Group

c. Only public companies can form corporations

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Adel Ali El-Said

par Adel Ali El-Said , Internal Audit Director . Al Majed for Oud , Al majed for Oud

the answer is D

according Sarbanes-Oxley Act

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abdelaziz allam

par abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م

Answer D................................

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par Mohamed matar , Finance Manager , ASG Group

...........The answer is........

........d. Public companies must have audited financial statements and prepared SEC reports

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