Take Another Quiz

Accounting Quiz8

10 Questions
Accounting Quizzes & Trivia
Questions and Answers
  • 1. 
    Which one of the following forms is used when companies have filed with the SEC for less than 36 months but are not large enough to file form S-3?
    • A. 

      S-4.

    • B. 

      S-11

    • C. 

      S-8

    • D. 

      S-1

    • E. 

      S-3

  • 2. 
    Which one of the following forms is used in connection with employee stock plans?
    • A. 

      S-4.

    • B. 

      S-11

    • C. 

      S-8

    • D. 

      S-1

    • E. 

      S-3

  • 3. 
    Which one of the following forms is used in connection with registration of securities of real estate companies?
    • A. 

      S-4.

    • B. 

      S-11

    • C. 

      S-8

    • D. 

      S-1

    • E. 

      S-3

  • 4. 
    Which one of the following forms is used in connection with registration of securities of a small reporting company with $25 million of annual revenues and of $25 million of voting securities held by nonaffiliates?
    • A. 

      S-4.

    • B. 

      S-11

    • C. 

      S-8

    • D. 

      S-1

    • E. 

      S-3

  • 5. 
    Which one of the following forms is used when no other form is prescribed?
    • A. 

      S-4.

    • B. 

      S-11

    • C. 

      S-8

    • D. 

      S-1

    • E. 

      S-3

  • 6. 
    Which one of the following registration statement forms is used by large issuers that already have at least $75 million voting stock held by nonaffiliates?
    • A. 

      S-4.

    • B. 

      S-11

    • C. 

      S-8

    • D. 

      S-1

    • E. 

      S-3

  • 7. 
    Which of the following securities offerings is not exempt from registration prior to their sale?
    • A. 

      Securities issued by governments.

    • B. 

      Offerings of no more than $1 million made to any number of investors within a 12-month period.

    • C. 

      Securities issued by savings and loan associations.

    • D. 

      Securities issued by banks.

    • E. 

      Offerings of more than $5 million.

  • 8. 
    Which of the following is not a security as defined by the SEC?
    • A. 

      Investment contract.

    • B. 

      Notes receivable.

    • C. 

      Debenture.

    • D. 

      Treasury stock.

    • E. 

      Accounts receivable.

  • 9. 
    Which of the following are issued by the SEC, as needed, to supplement Regulation S-X and Regulation S-K?
    • A. 

      SRBs.

    • B. 

      ASRs.

    • C. 

      FRRs.

    • D. 

      ARBs.

    • E. 

      SABs.

  • 10. 
    Which statement is false regarding the Public Company Accounting Oversight Board (PCAOB)?
    • A. 

      Regulates audit standards and independent audit firms.

    • B. 

      Is under the oversight and enforcement of the SEC.

    • C. 

      Is funded by fees levied on all publicly traded companies.

    • D. 

      Has five members appointed by the SEC.

    • E. 

      Allows all members to be accountants, past or present.