Which organizations are required to issue interim financial statements?
A)Public companies
B)Private enterprises
C)Both public companies and private enterprises
D)No organizations are required to issue interim financial statements.

Question

Quizplus · Accepted Answer

Public companies are often required to issue interim financial statements to provide current financial information to their shareholders and the public. These requirements are typically set by regulatory bodies such as the Securities and Exchange Commission (SEC) in the United States. Private enterprises may choose to issue interim financial statements, but they are not generally required to do so by law.

Which Organizations Are Required to Issue Interim Financial Statements