Identiy which of these terms about US-based and even some Bahamian Company Financial Reporting are True or False Both diversified companies and conglomerates operate in a single well-defined industry Choose Choose... Interim financial statements report data for a period of more than one year Interim financial statements are subjected to a full audit by an independent auditor Most companies issue interim financial statements to the public on a monthly basis Form 10-0 refers to the annual report filed with the SEC, Choose . Choose Choose Choose Financial statement analysis can be both past and future-oriented A limitation of using industry norms in financial performance evaluation is that some companies in the same industry may not be comparable Choose Market strength is the ability to increase the wealth of stockholders Rule-of-thumb measures are the best standards of comparison in financial performance evaluation. The comparison of financial measures or ration of the same company over a period of times is superior to the use of rule-of-thumb measures Choose Choose Choose The annual report of a publicly held corporation usually does not contain the auditors report Choose A change in the company's auditors must be reported to the SEC within a few days of the change Choose Choose The comparison of tinanciat measures or ratios of the same company over a period of times in superior to the use of rule-of-thumb measures Investors creditors, and customers are considered external users of financial statements Choose Choose Choose... Market strength is the ability to increase the wealth of stockholders Rule-of-thumb measures are the best standards of comparison in financial performance evaluation The comparison of financial measures or ratios of the same company over a period of times is superior to the use of rule-of-thumb measures Choose Choose The annual report of a publicly held corporation usually does not contain the auditors' report Choose A change in the company's auditors must be reported to the SEC within a few days of the change Choose The comparison of financial measures or ratios of the same company over a period of times is superior to the use of rule-of-thumb measures Investors, creditors and customers are considered external users of financial statemente The analysis of risk and return is important to both investors and creditors. Choose Choose Choose