Informative Reports Are Important to Both Supervisors and Employees Because

question 21

Multiple Choice

Informative reports are important to both supervisors and employees because

• A)They are one of two ways supervisors can stay up to date on the information they need.
• B)Supervisors use them to communicate information to clients.
• C)Employees use them to communicate company policies to supervisors.
• D)​Employees use them to demonstrate product use to clients.

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Definitions:

Average Operating Assets

The average value of the assets used in the day-to-day operations of a business over a specific period.

Last Year's Margin

The difference between sales revenue and the cost of goods sold in the previous fiscal year, often used as a benchmark for financial performance.

Unfavorable Effect

Occurs when actual costs exceed budgeted costs, or actual revenues are less than expected, negatively impacting financial performance.

Trained Workers

Personnel who have received specific training to perform their job duties effectively and efficiently.