After the General Balance- Related Objectives Are Understood, Specific Objectives

question 76

Multiple Choice

After the general balance- related objectives are understood, specific objectives for each account balance on the financial statements can be developed. Which of the following statements is true?

• A) There must be two specific objectives for each general objective.
• B) There should be at least one specific objective for each relevant general objective.
• C) There will be only one specific objective for each relevant general objective.
• D) There will be many specific objectives developed for each relevant general objective.

---

Definitions:

Videoconferencing

A technology that allows users in different locations to hold face-to-face meetings without having to move to a single location physically.

Telepresence

Technology that allows a person to feel as if they are present, to give the appearance of being present, or to have an effect, somewhere other than their true location.

UC

Unified Communications, which integrates multiple methods of communication, such as email, voice, and video conferencing, into a single interface.

Communication

The act of transferring information from one place, person, or group to another.