Pro forma disclosures are:
A. interim financial statements need not be audited.
B. materials submitted to shareholders for votes on corporate matters.
C. "what-if" presentations often taking the form of summarized financial statements.
D. used to disclose unscheduled material events.
Answer: C
You might also like to view...
Earning interest on the interest that was earned in prior years is referred to as
A. discounting. B. compounding. C. present valuing. D. bonding.
The posts from social media such as blogs or Facebook "fan" pages give an informative account of consumer perception and preference with regard to the problem at hand
Indicate whether the statement is true or false
All of the following are firms that may experience a long lag between the expenditures of cash and the receipt of cash from customers, except:
a. restaurants b. wineries c. construction companies d. aerospace manufacturers
Resolving a dialectal tension by compromising so that both dialectical needs are met to some degree, but not fully is an example of ______
a. selection b. separation c. neutralization d. reframing