Types of Information Generally Communicated Upward Include Performance Reports, Suggestions

question 4

True/False

Types of information generally communicated upward include performance reports, suggestions for improvement, and performance feedback.

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Definitions:

Plant Asset

Plant assets are long-term tangible assets that are used in the production or supply of goods and services, such as machinery, buildings, and vehicles.

Office Equipment

Tangible property (such as desks, chairs, computers, etc.) used in an office environment to perform work activities.

Patent

A legal right granted by a government authority to an inventor to exclude others from making, using, or selling an invention for a certain period of time.

Merchandise Inventory

Goods that a company has in stock and available for sale to customers.