Which statement about the annual corporate report is false?

The correct understanding focuses on the fact that the annual corporate report must be filed with the appropriate state agency, specifically the Division of Corporations within the Florida Department of State, not the Department of Business and Financial Regulation. While the annual report is a crucial aspect of corporate compliance in Florida, its filing is not with the agency mentioned in the selected statement.

The other statements are accurate reflections of the requirements surrounding the annual corporate report. Corporations are indeed required to file this report annually as part of compliance with state laws, and it typically includes essential information such as the association’s financial statements. Therefore, the emphasis that the chosen statement is false centers on the incorrect designation of the filing authority.