Guthrie and Parker (1990)undertook a Comparative Analysis of Corporate Social-Disclosure

question 61

Multiple Choice

Guthrie and Parker (1990) undertook a comparative analysis of corporate social-disclosure practices in the USA,the UK and Australia.Their findings include:

• A) Corporate disclosure in Australia is low compared with the USA and the UK.
• B) Disclosures made by Australian companies are mostly a reactive response to various social pressures.
• C) Australian companies rarely provided 'bad news' in its activities.
• D) all of the given answers.

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Definitions:

Estimated Overhead Cost

The projected costs of indirect materials, labor, and other expenses that are necessary for production but cannot be directly associated with specific product units.

Direct Labour-Hours

A measure of the amount of time workers spend directly manufacturing a product or providing a service.

Traditional Costing System

A traditional costing system allocates factory overhead to products based on volume-related measures such as direct labor hours or machine hours.

Overhead Cost Per Unit

This is the amount of indirect costs allocated to each unit of production, including costs not directly tied to the production like rent and utilities.