An underwriter prepares the financial statements for inclusion in the registration of an issuer with an operating history of just 2 fiscal years. Financial statement have been audited for both years. At the minimum, which audited statements of income and cash flow must be included?

An underwriter prepares the financial statements for inclusion in the registration of an issuer with an operating history of just 2 fiscal years. Financial statement have been audited for both years. At the minimum, which audited statements of income and cash flow must be included?




A) None
B) One Year
C) Two Years
D) The company must ask for an exemption from the SEC









Answer: C