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Chapter 19: 8-K Filings Guide Quiz
Test your knowledge of the 8-K filings chapter material!
1 / 10
Filings guru Michelle Leder calls filing an 8-K after the markets close on a Friday what?
The answer can be found on page 210.
Correct!
2 / 10
8-K amendments are coded as what in EDGAR?
The answer can be found on page 202.
Correct! Companies can amend 8-Ks long after they are originally filed, so keep an eye out for these.
3 / 10
If you are looking for information related to a specific company's filing, you can ask the SEC's public affairs office for assistance.
The answer can be found on page 211.
Correct! The public affairs office can answer technical questions about EDGAR, filings, and filing requirements. However, they tend to shy away from company-specific questions and controversial issues.
4 / 10
What is listed under Item 1.03?
The answer can be found on page 204.
That’s right. If you see an 8-K listing information under Item 1.03 for a company not already in bankruptcy proceedings, pay attention. This filing outlines the company’s plan for reorganization or liquidation.
5 / 10
If you were looking for financial statements and exhibits, what item number would you look for?
The answer can be found on page 209.
Correct! This code is usually used in conjunction with others, such as Item 2.01 (acquisition and disposition of assets), to include reworked financial statements reflecting the impact of the acquisition or sale.
6 / 10
An 8-K must always be filed within four days of any significant event?
Correct! There are instances where an 8-K is required to be filed within four days, however the rules aren’t always so straightforward. Learn more on page 211.
7 / 10
An 8-K can also be referred to as a “current report”
The answer can be found on page 200.
That’s correct! As the name suggests, they’re intended for disclosing timely information.
8 / 10
Companies only file 8-Ks for information that has to be disclosed.
Correct! Much of what companies choose to put into 8-K filings doesn’t have to be disclosed in an 8-K at all. This is particularly true of disclosures coded under Item 8.01.
9 / 10
If you were looking for the compensation of top officers in an 8-K Filing, what Item number would you be on the lookout for?
The answer can be found on page 208.
Correct! New or modified pay details for top executives are filed with the same code as the appointment or departure of directors and officers. Here, companies have some leeway in describing the new or changed pay, but they can choose whether to include the actual employment agreement or another contract.
10 / 10
SEC rules state that companies must stick to one topic in an 8-K.
Correct! There’s no rule that says companies have to stick to one topic in an 8-K – some disclose details about multiple unrelated developments.
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