Match the Terms with the Descriptions Provided

question 48

Multiple Choice

Match the terms with the descriptions provided.
-Companies such as Macy's and Target.

• A)Manufacturers
• B)Merchandisers
• C)Retailers
• D)Wholesalers
• E)Service companies

---

Definitions:

Allocation Method

A way of assigning and distributing costs or revenues among different departments, projects, or entities within an organization.

Audit Report

A document prepared by an auditor which expresses an opinion on whether financial statements are presented fairly, in all material aspects, in accordance with the applicable financial reporting framework.

Financial Reporting

The method of generating reports that reveal a company's financial condition to its managers, investors, and governmental agencies.