What is the primary difference between informational and analytical reports?
A) Informational reports are prepared for internal audiences, and analytical reports are prepared for external audiences.
B) Informational reports emphasize facts, and analytical reports emphasize reasoning and conclusions.
C) Informational reports are always organized directly, and analytical reports are always organized indirectly.
D) All of these choices are differences between informational and analytical reports.
B
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Which of the following is not a purpose of bankruptcy?
A. Offer a fresh start to the debtor. B. Punish the debtor. C. Prevent creditors from gaining an unfair advantage over one another. D. Create a way for creditors to recover the debt.
Which one of the following accounts below would likely be included in a deferral adjusting entry?
A) Interest Revenue B) Unearned Revenue C) Salaries Payable D) Accounts Receivable
In gain-sharing plan formulas,
A. productivity measures are in the numerator and labor inputs are in the denominator. B. productivity measures are in the numerator and revenues are in the denominator. C. costs are in the numerator and revenues are in the denominator. D. labor inputs are in the numerator and productivity outcomes are in the denominator.
As held by Chief Justice Marshall in Gibbons v. Ogden, commerce among the states means:
a. interstate commerce b. commerce within a single state c. commerce with other countries d. intrastate commerce e. voluntary commerce