Which of the Following Tools Would an Entity Be Least

question 48

Multiple Choice

Which of the following tools would an entity be least likely to use to monitor or review its financial performance:

• A) credit ratings.
• B) forecasts.
• C) ratios.
• D) awards.
• E) variance analysis

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Definitions:

Mindfulness

A mental state achieved by concentrating on the present moment, while calmly acknowledging and accepting one’s feelings, thoughts, and bodily sensations, used as a therapeutic technique.

Work Stress

The experience of stress related to the demands of work, potentially impacting an individual's performance and wellbeing.

Hopeful

Feeling or expressing optimism about a future event or outcome.

Resilient

The ability to recover quickly from difficulties; toughness or the capacity to bounce back from adversity, trauma, or stress.