The business reporting process comprises all of the following except:

a. preparing general purpose external financial statements
b. generating ad hoc and predetermined business reports for management
c. ensuring that the external financial statements adhere to GAAP
d. fueling the financial reporting, business reporting, and other reporting subsystems by providing the information needed to prepare external and internal reports


D

Business

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Oil prices have an impact on transportation costs for many types of products. Should oil prices change, the price consumers pay for products often is adjusted accordingly. Changing oil prices would be an example of a(n) ________ force.

A. competitive B. technological C. social D. regulatory E. economic

Business

The purpose of the NAALC is to protect:

A. The environment B. Labor C. Free trade D. Corporations

Business

In Excel, the RAND() function generates either a 0 or a 1, purely at random

Indicate whether the statement is true or false

Business

Social Security has four major benefit programs: Old Age and Survivors Insurance, Disability Insurance, Medicare, and Supplemental Security Income

Indicate whether the statement is true or false

Business