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Pierre Owns a Chain of Coffee Shops

Question 20

Multiple Choice

Pierre owns a chain of coffee shops. He hires accountants to summarize the information from his company's business transactions into a financial statement. Why would Pierre use a financial statement?


A) to pinpoint areas of employee weakness
B) to pinpoint individual employee successes
C) to determine who to promote
D) to aid in internal planning and control
E) to determine the types of customers the company has

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