On a pro forma income statement, the value we enter for sales revenue is normally derived from

our forecast.

Indicate whether the statement is true or false

TRUE

Business

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As soon as a crisis hits, companies should set up a news center for company representatives and the media. Best practices for the news center will include all of the following except

A) releasing contact information for everyone involved. B) having trained personnel on site around the clock. C) directing incoming inquires to a designated spokesperson. D) providing complete information packets to the media as soon as possible. E) issuing frequent updates.

Business

Governments use data on exporting and importing activities to calculate which of the following?

A) import taxes and duties B) trade deficit statistics C) cost-of-living index D) inflation predictions

Business