A public company is a:
A)reporting entity.
B)disclosing entity
C)Both A and B.
D)Neither A nor B.

Question

Quizplus · Accepted Answer

A public company is both a reporting entity and a disclosing entity. As a reporting entity, it must comply with various regulations and standards to provide accurate financial information to stakeholders. As a disclosing entity, it must make information available to the public in order to promote transparency and accountability.

A Public Company Is A