Which of the Following Best Describes a Minimum Compliance Objective

question 19

Multiple Choice

Which of the following best describes a minimum compliance objective?

• A)The company selects accounting policies to minimize earnings.
• B)The company reports the minimum amount of information necessary to comply with legislation.
• C)The company selects accounting policies to comply with contracts or loan agreements.
• D)The company reports to the minimum number of stakeholders possible.

---

Definitions:

Slide Sorter

A feature in presentation software that displays thumbnail versions of slides, allowing users to easily reorder, add, or delete slides within a presentation.

Slide Show

A presentation format where a series of images, texts, or other visual content is displayed in sequence, often used for educational or business presentations.

Reading View

A display mode in software applications designed to enhance the readability of text by simplifying the layout.

Notes Page

A feature in various applications and software that allows users to write and save notes.