Which of the Following Is NOT True About a Company

question 79

Multiple Choice

Which of the following is NOT true about a company dashboard?

• A) They can take any shape.
• B) If a gauge is in the center, the company is in trouble.
• C) They can include financial information.
• D) They can include HR information.

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Definitions:

Contra

A term used in accounting to describe accounts that have an opposite effect on the account they are related to, used to reduce the balance of the original account.

Owners' Equity

The residual interest in the assets of a company after deducting liabilities, representing the value that belongs to the company's owners.

Convertible Bonds

Bonds issued by a corporation that can be converted into a predetermined number of the company's stock shares at the bondholder's option.

GAAP

The standard framework of guidelines for financial accounting that is widely recognized and used in a specific jurisdiction, especially within the United States, known as Generally Accepted Accounting Principles.