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    Financial Accounting Study Set 24
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    Exam 6: Reporting and Interpreting Sales Revenue, Receivables, and Cash
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    Even Though Profit Is Reported Quickly in Press Releases, the Market
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Even Though Profit Is Reported Quickly in Press Releases, the Market

Question 130

Question 130

True/False

Even though profit is reported quickly in press releases, the market does not really react on this information until they see the financial statements in the quarterly annual report published by the company.

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