Employees Need to Compare Different Types of Information for What

question 38

Multiple Choice

Employees need to compare different types of information for what they commonly reveal to make strategic decisions. Which of the below represents the three common types of information found throughout an organization?

• A)Levels, forms, granularities
• B)Levels, forms, data
• C)Levels, formats, granularities
• D)Data, formats, granularities

Comprehend the accounting rules for asset trade-ins and how they affect the cost basis of the new asset.

Identify and describe different types of intangible assets and their characteristics.

Understand depletion and its accounting treatment for natural resources.

Explain the financial impact of maintenance expenditures on assets and their classification.

---

Definitions:

Delegation

The assignment of responsibility or authority from one person to another, usually from a manager to a subordinate, to carry out specific activities.

Sharing

The act of using, occupying, or enjoying something jointly with others, promoting a sense of community and cooperation.

Virtual Team

A group of individuals who work together from various geographic locations and rely on communication technology such as email and video conferences to collaborate.

Performs

The act of carrying out an action or fulfilling a role or function.