Worldatwork Exam CECP Topic 1 Question 44 Discussion

Actual exam question for Worldatwork's CECP exam

Question #: 44
Topic #: 1

[All CECP Questions]

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

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

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

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

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

Show Suggested Answer

Suggested Answer: C

by France at Aug 09, 2023, 10:38 PM

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12 hours ago

I disagree, I believe the cumulative information on the four quarterly reports adds up to the information on the annual report.

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3 days ago

I think quarterly reports are more detailed than the annual report.

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