When Comparing Performance Report Information for Top Management with That

question 47

Multiple Choice

When comparing performance report information for top management with that of lower-level management: (CMA adapted)

• A) top management reports are more detailed.
• B) lower-level management reports are typically for longer time periods.
• C) top management reports show control over fewer costs.
• D) lower-level management reports are likely to contain more quantitative data and less financial data.