Worldatwork Exam c8 Topic 3 Question 64 Discussion

Actual exam question for Worldatwork's c8 exam

Question #: 64
Topic #: 3

[All c8 Questions]

What most accurately describes a reason why organizations use financial reports?

ATo differentiate company financial data from industry competitors to prevent loss of proprietary information

BTo provide subjective information to key constituents that reflects the company's performance in the most favorable manner depending on stakeholder priorities

CTo create a historical record of financial performance and identify trends that may justify changes in strategy

DTo promote consistency of communication regarding company performance and value

Show Suggested Answer

Suggested Answer: A

by Karan at Mar 08, 2024, 02:22 PM

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Jose

1 days ago

I think the answer is C.

upvoted 0 times

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