Which of the Following Reports Is an Example of an Analytical

question 71

Multiple Choice

Which of the following reports is an example of an analytical report?

• A)A report summarizing the details of a recent seminar you attended
• B)A report recommending an antiterrorism security system for mass transit
• C)A report outlining the new company procedure for reporting workplace injuries
• D)A report showing state budget allocations for education

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Definitions:

NCI

Non-Controlling Interest, which refers to the equity in a subsidiary not attributable, directly or indirectly, to the parent company.

Common Shares

Equity securities representing ownership in a company, giving holders voting rights and a share in the company's profits via dividends.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted for the investor’s share of the investee’s profit or loss.

Cost Method

An accounting method used to value an investment, wherein the investment is recorded at its acquisition cost without recognizing periodic income but dividends received are recorded as income.