What are the subsequent periodic reports, Accounting Basics

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What are the subsequent periodic reports

Response to the following questions:

1. The SEC requires companies to register with it when they sell stocks or bonds and also requires periodic reporting thereafter. Which of these reports, the initial registration statements or the subsequent periodic reports, do you believe would be scrutinized more closely by the SEC?

2. What do you suspect is the relationship between the FASB and the SEC?

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Accounting Basics: What are the subsequent periodic reports

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