Which of the Following Are True About Pro Forma Statements

question 14

Multiple Choice

Which of the following are true about pro forma statements?

• A)They are used prolifically in large companies but rarely used in small companies.
• B)They do not give accurate information.
• C)They are key to determining the financial needs of the organization.
• D)They are guidelines against which one can measure how given assumptions relate to reality.
• E)They are only an estimate of what might happen given a certain defined set of circumstances and the validity of your assumptions.

Identify examples of charisma and understand how it is defined through personal qualities and effects on others.

Understand the concept of satire and how it is used to critique society.

Recognize the structure of a topic sentence and how it introduces the main idea of a paragraph.

Understand the concept of ambivalence and how it can affect decision-making.

---

Definitions:

Spontaneous

Occurring naturally, without being planned or premeditated, often resulting from a sudden impulse or inclination.

Nonprogrammed

Nonprogrammed decisions refer to responses made to situations that are unique, poorly defined and unstructured, and for which pre-specified processes are not applicable.

Role Ambiguity

A situation where an employee lacks clear understanding of their job duties, responsibilities, or expectations, leading to confusion and stress.

Overconfident

Having an excessively high opinion of one’s abilities, accuracy, or judgement.