Which of the following statements about reports is not correct?

A) The report must provide the information that managers need to make sound decisions or solve problems.
B) The information contained in the report must be based on factual data.
C) Subjective statements such as conclusions and recommendations must be ethical.
D) The data must be presented objectively so decision makers can rely on the report when making decisions that affect the organization's well-being.
E) As long as all the information is included, a disorganized report will not prevent the reader from locating needed data.


E

Business

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Sincerity is best displayed when specific qualities that warrant praise are pointed out

Indicate whether the statement is true or false.

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Based on the following data, calculate the breakeven point in dollars:Sales = $400,000Gross Profit = $100,000Transportation = $8,000Cost of Goods Sold = $280,000Expenses = $10,000Salary = $40,000

A. $133,333 B. $166,000 C. $232,000 D. $96,667 E. Cannot be calculated with the information provided

Business

A retailer's location strategy can be made more flexible through _____

a. the use of longer-term leases b. sale and leaseback arrangements c. the use of renewal options versus a long-term lease d. ownership versus leasing

Business

The decision to fight a fire is ________; fighting the fire is ________

a. discretionary; ministerial b. discretionary; discretionary c. ministerial; ministerial d. ministerial; discretionary

Business