For Internal Uses,managers Are More Concerned with Receiving Information That

question 45

Multiple Choice

For internal uses,managers are more concerned with receiving information that achieves which of the following standards?

• A) Completely objective and verifiable.
• B) Completely accurate and precise.
• C) Relevant, flexible, and timely.
• D) Relevant, completely accurate, and precise.

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Definitions:

Net Cash

The amount of cash that is available after all debts and expenses have been paid.

Investing Activities

Transactions involving the acquisition or sale of long-term assets and other investments not included in cash equivalents.

Statement Of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents.

Net Cash

The difference between a company's total cash inflows and cash outflows in a specific period.