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    Entrepreneurial Finance Study Set 5
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    Exam 6: Managing Cash Flow
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    Due to the Difficulty of Projecting Financial Statements for a Young
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Due to the Difficulty of Projecting Financial Statements for a Young

Question 20

Question 20

True/False

Due to the difficulty of projecting financial statements for a young firm, short-term financial forecasts are never required of early-stage ventures.

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