If unable to submit required info, report to board on or before due date. How must you report?

If unable to submit required info, report to board on or before due date. How must you report?

• A. Not timely
• B. Timely
• C. Immediately
• D. Within 30 days

Answer: (B)

When you can’t submit the required information, you must notify the board by the due date. This is a timely report, meaning the communication happens on or before the deadline. The point is to keep the board informed within the specified timeframe, not after the deadline. If you report after the due date, that would not be timely. Saying you’ll report immediately isn’t the standard requirement, since the rule is to report by the due date. Saying you’ll report within 30 days extends past the due date, which doesn’t meet the requirement. Not timely would imply missing the deadline altogether.

When you can’t submit the required information, you must notify the board by the due date. This is a timely report, meaning the communication happens on or before the deadline. The point is to keep the board informed within the specified timeframe, not after the deadline.

If you report after the due date, that would not be timely. Saying you’ll report immediately isn’t the standard requirement, since the rule is to report by the due date. Saying you’ll report within 30 days extends past the due date, which doesn’t meet the requirement. Not timely would imply missing the deadline altogether.