ANF Corporation's Company Procedures Manual Is Available to All Employees

question 10

Multiple Choice

ANF Corporation's company procedures manual is available to all employees on the corporate network, while RSP Corporation distributes a hard copy of its company procedures manual to all new employees.Which of the following statements is most true?

• A)Because the procedures manual would be reported as an asset on the balance sheet, RSP is doing a better job safeguarding its assets.
• B)Because the procedures manual would be reported as an asset on the balance sheet, ANF is doing a better job safeguarding its assets.
• C)ANF employees are more likely to comply with management directives than RSP employees.
• D)The method of distributing the procedures manual is unlikely to be related to ensuring financial statement reliability.

---

Definitions:

Net Benefit

The total positive impact or gain of a decision, action, or project after subtracting any associated costs.

Social Program

Government initiatives designed to provide support and improve living standards for its citizens, including welfare, healthcare, and education services.

Cost-Benefit Analysis

A systematic approach to evaluate the strengths and weaknesses of alternatives in order to determine the best option through balancing costs and benefits.

Crime-Control Program

Initiatives or strategies designed to reduce crime and improve public safety through various means, including law enforcement and community engagement.