What Types of Information Cannot Be Found in the Financial

question 18

Multiple Choice

What types of information cannot be found in the financial statements?

• A) Details about officer and employee retirement, pension, and stock option plans.
• B) Pending legal proceedings.
• C) Reputation of the firm, morale of employees and prestige in the community.
• D) Disclosures about segments of an enterprise.

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Definitions:

Independent Variable

A variable in an experiment or study that is manipulated or changed to observe its effect on dependent variables.

Dependent Variables

In research, these are the variables that are studied to see if they change as a result of alterations in other variables (independent variables).

Detect

To discover or identify the presence of something concealed or subtle.

Salary Negotiations

The process of discussing and agreeing on the compensation package for a job position between an employer and employee.