Which One of the Following Will Most Likely Influence the Actions

question 98

Multiple Choice

Which one of the following will most likely influence the actions of managers?

• A)Sunk costs
• B)Performance measures
• C)Noncontrollable costs
• D)GAAP

---

Definitions:

Financial Statement

Documents providing an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.

Account Category

A classification within accounting systems used to organize and report on financial transactions based on their nature.

Gross Sales

The total sales revenue of a company before any deductions for returns, allowances, or discounts.

Net Sales

The total revenue from sales after deducting returns, allowances for damaged or missing goods, and discounts.