Which of the Following Is an Example of an Informational

question 74

Multiple Choice

Which of the following is an example of an informational report?

• A)A report recommending that an organization begin offering on-site child care to employees
• B)A report describing a new procedure for submitting expense claims
• C)A report analyzing reasons for a company's high turnover rate
• D)A report determining which wireless carrier to use for the sales staff's smartphones

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Definitions:

Depreciation Expense

This is the systematic allocation of the cost of a tangible asset over its useful life.

Investing Activities

Financial transactions and decisions related to acquiring or disposing of long-term assets and investments that can affect a company's capital structure.

Cash Inflow

Refers to the money received by a business from its various activities, including sales, investments, and financing.

Inventory

The goods and materials a business holds for the purpose of resale or production.