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F r e q u e n t LY A s k e d q u e s t i o n s A b o u t b At s Are bats related to birds? Bats and birds both can fly, yet they developed this ability independently. They belong to different animal
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F R E Q stands for Financial Reporting System for Electronic Transactions.
Entities engaged in electronic transactions are required to file F R E Q.
F R E Q can be filled out online through the designated portal using the required information.
The purpose of F R E Q is to monitor and track electronic transactions for financial reporting purposes.
F R E Q requires reporting of all electronic transactions conducted by the entity.
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