Tanya Is Planning a Presentation on the Best Practices in Communication

question 16

Multiple Choice

Tanya is planning a presentation on the best practices in communication. After much thought, she decides to restrict herself to just three key points. Tanya most likely decides to stick to just three key points in her presentation because:

• A) speakers lose credibility with more than four points.
• B) it limits the scope for questions after the presentation.
• C) audiences can only absorb about two to four main points.
• D) detailed ideas cannot be explained through a presentation.

Differentiate between various financial statement types and their purposes within a group of entities.

Comprehend the elements of control including power, relevant activities, and rights that confer power.

Understand disclosures and reporting requirements for consolidated financial statements.

Identify the need for uniform accounting policies and reporting periods within a group for the purpose of consolidated reporting.

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Definitions:

Positive Economics

A branch of economics that focuses on objective analysis and the description of how the economy functions, as opposed to normative economics that involves value judgments.

Normative Economics

An area of economics that makes assessments of economic fairness or desired economic outcomes and aims of public policy.

Consequences

The outcomes or effects resulting from a particular action or set of conditions.

Negative Relationship

A relationship between two variables, X and Y, in which a decrease in X is associated with an increase in Y and an increase in X is associated with a decrease in Y.