WorldatWork Business Acumen for Compensation Professional C8 Question # 11 Topic 2 Discussion
C8 Exam Topic 2 Question 11 Discussion:
Question #: 11
Topic #: 2
What most accurately describes a reason why organizations use financial reports?
A.
To differentiate company financial data from industry competitors to prevent loss of proprietary information
B.
To provide subjective information to key constituents that reflects the company’s performance in the most favorable manner depending on stakeholder priorities
C.
To create a historical record of financial performance and identify trends that may justify changes in strategy
D.
To promote consistency of communication regarding company performance and value
Chosen Answer:
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