Which One of the Following Are You Most Apt to Estimate

question 71

Multiple Choice

Which one of the following are you most apt to estimate first as you begin the process of preparing pro forma statements?

• A) Need for additional fixed assets
• B) Current fixed costs
• C) Projected sales
• D) Desired net income
• E) Desired dividend payments

---

Definitions:

False Information

Incorrect or misleading data, facts, or details that are presented as true despite being untrue.

Support Organizational Policies

Endorsing and upholding the rules, guidelines, and procedures established by an organization.

Covert Components

Internal or hidden elements of thoughts, emotions, or attitudes that are not directly observable by others.

Listening

The active process of receiving, attending to, interpreting, and responding to verbal and nonverbal messages.