« previous next »

Author Question: An important distinction should be made between a firm's core product and its actual product. ... (Read 82 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
on: Jul 6, 2018
An important distinction should be made between a firm's core product and its actual product.
 
  While the core product may be a CD that contains an antivirus software program, the actual product may have a number of characteristics, including a quality level, features, design, a brand name, and packaging.
  Indicate whether the statement is true or false

Question 2

Which of the following statements about pro forma financial statements is incorrect?
 
  A) Pro forma financial statements are projections for future periods based on forecasts.
  B) Pro forma financial statements are typically completed for two to three years into the future.
  C) Pro forma financial statements are required by the SEC.
  D) Most companies consider their pro forma financial statements to be confidential and reveal them to outsiders only on a need to know basis.
  E) Pro forma financial statements are strictly planning tools.


1_Step_At_ATime

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 6, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Walrus Ivory masks made by Yupik in Alaska Walrus Ivory masks made by Yupik in Alaska
The Core of the Rosette Nebula The Core of the Rosette Nebula
A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked
The Morris Adjustable Chair, designed by Philip Webb, made by Morris, Marshall, Faulkner & Co. The Morris Adjustable Chair, designed by Philip Webb, made by Morris, Marshall, Faulkner & Co.
Corporate Finance: The Core Corporate Finance: The Core
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
Video: Mendel's Principles of Dominance, Segregation and Independent Assortment

For a complete list of videos, visit our video library