Which of the Following Elements Is Most Useful to Decision-Makers

question 3

Multiple Choice

Which of the following elements is most useful to decision-makers?

• A) appendices
• B) clear instructions and procedures
• C) summaries
• D) graphics and illustrations

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Definitions:

Disclosure Exemption

A provision allowing an entity to not disclose certain information that is normally required by accounting standards.

Government-related Entities

Entities that are controlled, jointly controlled or significantly influenced by a government.

Quantitative Indication

Numerical evidence or metrics that signal the performance, situation, or condition of an entity or market.

Key Management Personnel

Individuals with authority and responsibility for planning, directing, and controlling the activities of an entity, typically at a high level.