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2) Sham Company is going public, and its stock will be listed on a stock exchange. Audited financial statement are required to be filed with
2) Sham Company is going public, and its stock will be listed on a stock exchange. Audited financial statement are required to be filed with the Securities and Exchange Commission (SEC). Who is expected to be the primary user of the audited financial statements?
A) The stock exchange
B) The SEC
C) Sham Company's board of directors
D) Sham Company's investors
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