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Problem 1: Which of the following statements about the Annual Review is not correct?
a. The Annual Review process has replaced what was called the Annual Return.b. An extract of particulars is prepared and issued by the Australian Securities and Investments Commission (ASIC) each year, within 14 days of the anniversary of the company's date of registration.c. The extract of particulars sets out the company details as recorded by ASIC, including its registered office, the names and addresses of the company officers, and details of issued shares.d. Every company must reply to ASIC within 14 days of receipt of the extract of particulars, advising whether or not the details are correct.
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