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All of the following are true of annual reports EXCEPT

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All of the following are true of annual reports EXCEPT

All of the following are true of annual reports EXCEPT
A) annual reports contain cash flow statements.
B) annual reports contain notes to the financial statements indicating why certain actions were taken.
C) annual reports contain all the information found in the 10-K form.
D) annual reports contain income statements and balance sheets.
E) 80% of portfolio managers use annual reports when making decisions.

Textbook

Strategic Management and Business Policy: Globalization, Innovation and Sustainablility

Edition: 14^th

Authors: Wheelen, Hunger, Hoffman

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Good timing, thanks!

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