Which of the following statements is true? (a) Annual reports only contain glossy pictures. (b) Public relations

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Which of the following statements is true?

(a) Annual reports only contain glossy pictures.

(b) Public relations material should be used cautiously.

(c) Market data refers to the advertising budget of a firm.

(d) The shareholders’ letter should be ignored.

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Understanding Financial Statements

ISBN: 9781292101552

11th Global Edition

Authors: Lyn Fraser, Aileen M. Ormiston

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