On What Is a 'Reporting Entity',as Defined in SAC 1,dependent

question 25

Multiple Choice

On what is a 'reporting entity',as defined in SAC 1,dependent?

• A) Whether there are users that are dependent on the reports to make or evaluate resource decisions
• B) Professional judgment providing some guidelines to help make a decision
• C) Whether there are users that are dependent on the reports to make or evaluate resource decisions, and professional judgement provides some guidelines to help make a decision
• D) The Corporations Law based on measures of gross revenue, dollar value of assets and the number of employees

---

Definitions:

Autonomy

The capacity to make an informed, uncoerced decision; in the workplace, it often refers to the level of independence and self-direction an employee has.

Participation

The act of taking part or becoming involved in activities, processes, or discussions, often contributing to a group or community effort.

Powerlessness

A state of feeling unable to control, influence, or affect outcomes; often associated with feelings of helplessness.

Iron Law

A principle stating that oligarchy is inevitable as an organizational size increases, due to the necessity of leadership hierarchy.