Once a company goes public,it must satisfy all of the requirements and new standards that focused on more thorough ________,________ and more stringent requirements for the board of directors.These standards,in general,were designed to provide better protection for ________.

Question

Quizplus · Accepted Answer

When a company goes public, it needs to follow more stringent requirements for financial disclosure and greater accountability to satisfy the new standards. These standards aim to provide better protection to the investors. Hence, option C is the correct choice. Option A and B are incorrect because the standard emphasizes greater accountability, not less, and it provides protection to investors, not companies. Option D is also incorrect because it emphasizes less accountability, which is not the case.

Once a Company Goes Public,it Must Satisfy All of the Requirements