Distinctions Between Public And Private Companies - SS2 Accounting Past Questions and Answers - page 1
How is ownership structured in a public company?
Owned by individuals or a small group of investors
Owned by a large number of investors who hold shares in the company
Owned by the government
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Are public companies publicly traded on a stock exchange?
Yes
No
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Are private companies required to disclose financial and operational information to the public?
Yes
No
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Are public companies subject to fewer regulatory requirements than private companies?
Yes
No
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Can private companies raise capital through public offerings of shares?
Yes
No
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What is one of the key differences between public and private companies?
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What is one of the benefits of being a public company?
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