What Are the Two Aspects Related to the Timeliness of Financial

question 13

Multiple Choice

What are the two aspects related to the timeliness of financial information?

• A) Relevance and comparability
• B) Frequency and timing
• C) Faithful representation and frequency
• D) Timing and relevance

---

Definitions:

Labor-Management Committees

Groups formed by representatives from both labor unions and management teams to discuss and address workplace issues, improve relations, and enhance productivity collaboratively.

Supreme Court Decision

A final ruling issued by the Supreme Court, the highest judicial authority in a country.

Management-Controlled Committees

Groups or committees within an organization that are created and overseen by management, often to address specific issues or projects, sometimes critiqued for limiting genuine employee participation.

NLRA

stands for the National Labor Relations Act, a foundational U.S. law enacted in 1935 that protects the rights of employees to organize, bargain collectively, and engage in collective labor activities.