Which of the Following Statements About Information Is Not True

question 61

Multiple Choice

Which of the following statements about information is not true?

• A)Information helps managers plan and organize operations.
• B)Information helps to highlight actual and potential problems.
• C)Information does not help to create operational plans.
• D)Information helps managers properly use their resources.

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Definitions:

Subsidiary

A company that is completely or partially owned and controlled by another company, known as the parent company.

Parent Company

A company that owns more than 50% of the common stock of another entity.

Stockholders' Equity

Represents the owners' residual interest in the corporation's assets after deducting liabilities.

Total Revenues

The sum of money made from sales of goods or services that are central to the business's core activities.