The managers at Fazer Technologies Inc. prepared a report on the profits earned and the losses incurred by the company over the last year and presented it to the stockholders of the company. In this scenario, Fazer Technologies Inc.'s report is an example of a(n) _____.
A. informal report
B. vertical report
C. external report
D. lateral report
Answer: C
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Despite waves of downsizing and layoffs in the early 21st century, most employees still trust their organizations and supervisors
Indicate whether the statement is true or false
WaterCo is a manufacturer of boat parts and has been in business only a few years. Its board of directors decided to start paying a dividend to help boost the attractiveness of its stock
The dividend will be $0.50 per share next year. After that dividends will increase by 4 percent per year. The company has a beta of 1.6. The market rate of return is 8% and the T-bill rate is 3%. Should you purchase shares in this firm at the current market price of $6.98 per share? What will be an ideal response?
From a behavioral perspective, the anomaly known as post-earnings announcement drift or momentum is best explained by
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A car owner determines that annual repair costs (R) can be estimated based on the number of miles driven in one year (M) through the expression R = 800 + 0.05M
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