Whisper Numbers Are

question 122

Multiple Choice

Whisper numbers are

• A) officially published forecast numbers provided by company management.
• B) the official released estimates prepared by financial analysts.
• C) generally less accurate than the released estimates by analysts.
• D) generally higher than the released analysts' forecasts.

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Definitions:

Proprietorships

A business structure owned by a single individual who is responsible for its liabilities and entitled to its profits.

Corporate Income Tax

A tax imposed on the net income or profit of corporations and other business entities.

Progressive

A tax system where the tax rate increases as the taxable amount increases, making it more burdensome for higher earners.

Excess Burden

The excess burden of a tax is the cost to society in economic welfare that exceeds the revenue raised by the government, often due to distorted market behaviors.