Which of These Is a Reason Why Managers Are Usually

question 38

Multiple Choice

Which of these is a reason why managers are usually reluctant to make projected financial statements available to groups outside the organisation?

• A) Because release could damage their competitive position.
• B) Because outsiders may not fully appreciate the assumptions behind the projected statements.
• C) Because actual results may vary considerably from projected results.
• D) All of the above are reasons.

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Definitions:

Business Graduates

Individuals who have successfully completed a degree program in business, encompassing areas such as finance, marketing, and management.

Education Graduates

Individuals who have successfully completed an educational program, particularly at the college or university level.

Type I Error

The statistical error that occurs when a true null hypothesis is incorrectly rejected.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect in a given situation, used as a basis for testing.