"Only Needed Information Should Be Displayed in a Report" Is

question 26

Multiple Choice

"Only needed information should be displayed in a report" is related to ________ for the design of forms and reports.

• A)Meaningful titles
• B)Meaningful information
• C)A balanced layout
• D)An easy navigation system

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Definitions:

Depreciation Expense

An accounting method that allocates the cost of a tangible asset over its useful life.

Fixed Assets

Long-term tangible assets used in the operations of a business, not expected to be converted to cash within a year.

Net Investment

The total amount of money spent on capital assets, such as buildings and machinery, minus any depreciation.

EBIT

Earnings Before Interest and Taxes, a measure of a firm's profit that includes all income and expenses (operating and non-operating) except interest and income tax expenses.