WorldatWork Certified Executive Compensation Professional CECP Question # 21 Topic 3 Discussion

WorldatWork Certified Executive Compensation Professional CECP Question # 21 Topic 3 Discussion

CECP Exam Topic 3 Question 21 Discussion:
Question #: 21
Topic #: 3

How do quarterly reports most commonly compare to the annual report?


A.

The cumulative information on the four quarterly reports adds up to the information on the annual report.


B.

The quarterly reports are more detailed. The annual report provides similar data in summary form.


C.

The annual report is required and the quarterly reports, while commonly used, are optional.


D.

The quarterly reports are not as detailed as annual reports, and might not match due to changing accounting estimates over the year.


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