Under which scenario would you generally be required to obtain an interim financial statement in...
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Under which scenario would you generally be required to obtain an interim financial statement in order to continue your evaluation of a loan request? a The company's last annual financial statements showed deteriorating performance. b The company's last annual financial statements showed a dramatic improvement over the prior year. c The company has changed accountants. d The company's fiscal year ended more than six months before the loan request.
Under which scenario would you generally be required to obtain an interim financial statement in order to continue your evaluation of a loan request?
a The company's last annual financial statements showed deteriorating performance.
b The company's last annual financial statements showed a dramatic improvement over the prior year.
c The company has changed accountants.
d The company's fiscal year ended more than six months before the loan request.
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