All of the Following Are True of Annual Reports EXCEPT

question 47

Multiple Choice

All of the following are true of annual reports EXCEPT

• A)80% of portfolio managers use annual reports when making decisions.
• B)annual reports contain income statements and balance sheets.
• C)annual reports contain cash flow statements.
• D)the 10-k form contains information also available in the annual report.
• E)annual reports contain notes to the financial statements indicating why certain actions were taken.

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Definitions:

E-books

Digital versions of books that can be read on electronic devices such as e-readers, tablets, or computers.

Complements

Goods that are consumed together because the use of one enhances the use of the other.

Indifference Curves

Graphical representations in economics showing different combinations of goods among which a consumer is indifferent.

Substitution Effect

The change in the consumption patterns of goods or services due to a change in their relative prices, holding the consumer's income constant.