Discretionary Activities in an Organization Are Determined Based on

question 12

Multiple Choice

Discretionary activities in an organization are determined based on

• A)organizational policies and managerial preferences.
• B)the budgeted amount from the prior period.
• C)the level of long-term investment.
• D)an organization's internal control.

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Definitions:

Advisory Opinion

This is a non-binding statement by a court or a legal authority on a legal issue, usually given in response to a request from a governmental body or an entity.

African Nation

An independent, sovereign country located on the African continent.

World Trade Organization

An international organization designed to facilitate and regulate international trade by providing a forum for negotiations and dispute resolution.

Developing Nation

A term used to describe a country with a relatively low level of industrial and economic development.