Which of These Is Not a Cost of Financial Reporting

question 9

Multiple Choice

Which of these is not a cost of financial reporting?

• A) Costs of preparing the annual report.
• B) Costs of adhering to accounting standards.
• C) Loss of competitive position as a result of the disclosure of financial information outside the business.
• D) Cost of budgeting within the organisation.

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Definitions:

Policing Mission

Refers to the fundamental objectives and goals of policing organizations, which typically include maintaining public order, enforcing laws, and preventing, detecting, and investigating criminal activities.

Necessary

Refers to something that is needed or required.

Typographies

The art or process of setting and arranging types and printing from them, or the style and appearance of printed matter.

Physical Force

The use of bodily strength or power, often by law enforcement or military personnel, to gain control, enforce orders, or ensure compliance.