Jake has prepared pro forma financial statements for his landscaping business.  At the minimum, how often should he check results and make modifications as needed?

A. annually
B. quarterly
C. monthly
D. weekly


Answer: C

Business

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Some researchers have added a fourth element to the fraud triangle making it a fraud diamond. What is that element?

a. propensity toward illegal acts b. lack of self-respect c. greed d. capability

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Strategy and tactics need to be evaluated _____

a. on a continuous basis b. yearly c. during a retail audit d. prior to evaluating a retail unit for sale

Business

Which of the following statements supports the "advertising equals information" ideology?

A. Advertising makes entry possible for new brands. B. Advertising makes customers highly inelastic. C. Consumers become brand loyal and less price sensitive due to advertising. D. Advertising affects consumer preferences and tastes. E. Advertisements help firms establish strong brand loyalty.

Business

Authority used by stockholders to have their votes cast by others at corporation meetings is known as ___ _____________

Fill in the blank(s) with the appropriate word(s).

Business