How Often Should a Company Prepare Budget Reports

question 109

Multiple Choice

How often should a company prepare budget reports?

• A)as often as demanded by the stockholders
• B)as often as deemed necessary
• C)annually is sufficient if the company is profitable
• D)monthly to be sure the company is operating successfully

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Definitions:

Judgment

The official decision or finding made by a court at the end of a legal proceeding.

Duty Counsel

A lawyer provided by the court or a legal aid organization to represent individuals who are unable to afford private counsel, usually at their first court appearance.

Criminal Courts

Courts that have jurisdiction to try and sentence cases involving crimes against the state or conduct detrimental to society.

Family Courts

Specialized courts that deal with cases involving family matters, such as divorce, child custody, adoption, and domestic violence.