Decisions in Lean Must Be Based on the Opinions or Preferences

question 31

True/False

Decisions in lean must be based on the opinions or preferences of influential individuals, as well as on facts and data.

Grasp the requirements for disclosing earnings per share and other key financial items in interim reports.

Become familiar with the disclosure requirements under International Financial Reporting Standards (IFRS) for interim reporting.

Analyze the effects of inventory valuation method changes on interim financial reporting.

Understand and apply principles of taxation allocation within financial periods.