These Forms of Performance Measurement Provide the Best and Most

question 97

Multiple Choice

These forms of performance measurement provide the best and most immediate forms of feedback.

• A)oral report and written report
• B)written report and statistical report
• C)MBWA and oral report
• D)statistical report and MBWA

---

Definitions:

Average Common Stockholders' Equity

The average equity held by common shareholders, calculated typically over a year, representing the company's assets minus its liabilities attributable to common shareholders.

Prior Period Adjustment

Adjustments made to the financial statements of a prior period to correct errors or implement changes in accounting policy.

Retained Earnings Account

An equity account on the balance sheet that represents the accumulated net earnings not distributed to shareholders in the form of dividends.

Net Income

The final income of a company, achieved by subtracting expenses and taxes from the total revenues.