The SEC adopted Regulation FD, to curb public companies' practice of: 1) Routinely filing extensions for annual reports (Form 10-K) 2) Selectively disclosing information 3) Reporting pro forma (non-GAAP) numbers 4) Hiring auditors for non-audit services such as consulting engagements 5) None of the above The amount of retained earnings articulate across time which means that last period's ending balance of retained earnings plus new current period net income (or loss) is equal to the more recent period's retained earnings amount. 1) True 2) False