Like Their Larger Counterparts,small Organisations Are Able to Obtain,with Minimal

question 80

Multiple Choice

Like their larger counterparts,small organisations are able to obtain,with minimal effort and cost,most of which type of data?

• A)experimental
• B)observational
• C)secondary
• D)primary
• E)ethnographic

---

Definitions:

Administrative Expenses

Costs related to the general management and administration of an organization such as salaries of senior executives, legal and professional fees.

Managerial Accounting

Managerial Accounting focuses on providing financial and non-financial information to an organization's management for decision-making, planning, and performance evaluation.

Financial Accounting

Financial accounting involves the recording, summarizing, and reporting of monetary transactions from business operations, presented in financial statements.

Flexibility of Reporting

The ability to adapt financial and corporate reporting to meet the specific requirements or preferences of users, enhancing the utility and readability of reports.