Which of the Following Is Not One of the Primary

question 90

Multiple Choice

Which of the following is not one of the primary responsibilities of management?

• A)Adhering to GAAP
• B)Planning
• C)Directing
• D)Controlling

Acknowledge the necessity to predict future economic conditions in financial analysis.

Identify the components and significance of financial agreements between creditors and companies.

Understand the starting point and essential considerations for financial forecasting.

Grasp the concept and importance of comprehensive risk analysis in financial decision-making.

---

Definitions:

Market Value

The present cost at which an asset or service is available for purchase or sale in a market.

Share

A unit of ownership in a company or financial asset, representing a proportion of the corporation's capital.

Stock

Shares of ownership in a corporation, representing a claim on the company's assets and earnings.

Stock Dividends

A distribution of additional shares of a company's stock to its shareholders instead of cash.