Describe the Criteria by Which Initial Assessment Methods Are Evaluated

question 66

Essay

Describe the criteria by which initial assessment methods are evaluated.Are some of these criteria more important than others?

---

Definitions:

Fees Earned

Revenue generated from services provided.

Common Stock

A kind of stock that signifies having a stake in a company, accompanying the power to vote and the possibility of receiving dividends.

Stockholders' Equity

After liabilities are removed, what remains of the assets in a corporation, indicating an ownership share.

Liabilities

Financial obligations or debts that a company owes to outside parties, which must be settled over time through the transfer of economic benefits.