Which of the Following Are Internal Reports That Accounting Provides

question 21

Multiple Choice

Which of the following are internal reports that accounting provides to internal users?

• A)Forecasts of cash needs for next year
• B)Financial comparisons of operating activity alternatives
• C)Both forecasts of cash needs and financial comparisons
• D)Neither forecasts of cash needs nor financial comparisons

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Definitions:

Pay Differential

The variation in pay rates not explained by merit or performance, often resulting from factors like location, working hours, or job hazards.

Green-circle Rate

A situation in wage-setting where an employee's pay is below the minimum of the range set for their job class, often due to an anomaly or an exception in the salary structure.

Rank-and-file Adjustment

Changes or modifications made to the conditions or ranks of the general workforce, not the leadership or management.

Uniformed Services Employment and Reemployment Rights Act

A federal law that provides job protection and rights for military service members upon their return to civilian employment.