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  3. Study Set
    Entrepreneurship Successfully Launching Study Set 2
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    Exam 8: Assessing a New Ventures Financial Strength and Viability
  5. Question
    ________ Financial Statements Reflect Past Performance and Are Usually Prepared
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________ Financial Statements Reflect Past Performance and Are Usually Prepared

Question 22

Question 22

Multiple Choice

________ financial statements reflect past performance and are usually prepared on a quarterly and annual basis.


A) Chronological
B) Ad-hoc
C) Historical
D) Concurrent
E) Pro forma

Correct Answer:

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