A Large Company Specializing in Bread Baking Has Made Its

question 87

Multiple Choice

A large company specializing in bread baking has made its annual balance sheet available to its investors.Profits were slightly lower than expected this year.Which of the following items does NOT need to be included in this statement in order to fulfill the principle of full disclosure?

• A) The current rise of local micro-bakeries has not affected and probably will not affect the revenue of the company.
• B) The company is contemplating a merger with another major baking company.
• C) Much of the loss of profits can be explained by the sudden rise in the price of wheat during the past year.
• D) A baking start-up company founded by some former executives of the company looks like it will be a major competitor in the upcoming years.
• E) The company and the union for its workers were able to halt a labor strike by negotiating increased health benefits for its workers, causing a slight increase in operating costs.

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Definitions:

Proximal To Distal

Refers to the direction of development, movement, or growth from the body’s center towards its extremities.

Clean-Contaminated Wounds

Surgical wounds in which the respiratory, alimentary, genital, or urinary tract has been entered under controlled conditions and without unusual contamination.

Operative Wound

A surgical incision or cut in the body tissue made during a surgical procedure, requiring proper care to heal correctly.

Secondary Intention

A healing process for wounds that are allowed to close naturally without surgical closure, involving granulation, contraction, and epithelialization.