QUESTION 11

1. Regulation S-X provides instructions for the presentation of interim financial information.

   True

   False

2 points

QUESTION 12

1. A large accelerated filer becomes an accelerated filer when its public float (equity) falls below $560 million.

   True

   False

2 points

QUESTION 13

1. The entity's independent audit committee must approve all audit services, including comfort letters.

   True

   False

2 points

QUESTION 14

1. Regulation S-K specifies the "selected financial data" to be included in a Form 10-K.

   True

   False

2 points

QUESTION 15

1. Comparative financial statements are not required in a Form 10-Q.

   True

   False