Management's Stewardship Is to Provide Information About How a Company's

question 32

True/False

Management's stewardship is to provide information about how a company's cash flows cause changes in the company's resources and claim's.

---

Definitions:

Locus Of Causality

Attribution of behavior to either an aspect of the actor (internal) or to some aspect of the situation (external).

Stability

The condition of being resistant to change and not easily upset or disturbed.

Internality

The belief in one's ability to control events and outcomes in their own life, often associated with a proactive mindset.

Externality

A term in economics where a cost or benefit that affects a party who did not choose to incur that cost or benefit.