A firm's annual stockholders' report ________.
A) is only accessible to the shareholders of the firm
B) summarizes and documents the firm's financial activities during the past year
C) documents the list of all investors who bought the firm's shares during the past year
D) summarizes and documents the firm's financial plan and budgets during the past year

Question

Quizplus · Accepted Answer

The annual stockholders' report summarizes and documents the firm's financial activities during the past year, including financial statements, management's analysis of the firm's performance, and any other relevant information. It is made available to all shareholders and other interested parties. It does not document the list of investors or financial plan and budgets.

A Firm's Annual Stockholders' Report ________