What is discretionary reporting?
Reports used by management that the company is not obligated by law, regulation, or contract to provide. These are often used for internal problem-solving issues rather than by external constituents.
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The primary measure of success of a nonprofit organization is typically
A. the total revenue. B. ROI. C. the effectiveness of the services delivered. D. the market share. E. the number of services available.
With a special order decision, relevant qualitative factors include all except
A) the impact of the special order on regular customers. B) the potential of the special order to lead into new sales areas. C) the customer's ability to maintain an ongoing relationship. D) the special order's impact on operating income.
At the beginning of her informative presentation, a teacher informs the class that the presentation will be followed by a quiz on the material just covered, and anyone who gets all of the questions right will get free pizza. The teacher is employing which strategy for a successful presentation?
What will be an ideal response?
Which of the following is true of Chapter 12 of the United States Bankruptcy Code?
A) Under Chapter 12, family farmers and fishermen have a right to file for bankruptcy reorganization. B) A plan for a Chapter 12 reorganization should provide for payments to creditors over no longer than a one-year period. C) Chapter 12 grants a personal exemption for all farm or fishing equipment. D) A debtor cannot convert a Chapter 12 reorganization to a Chapter 7.