Author Question: What is the role of the annual report? What types of information does it ... (Read 43 times)

student77 · **on:** Jun 29, 2018

What is the role of the annual report? What types of information does it include?

Question 2

_____ are frequently used as a basis for price determination largely because they are easily measured and provide a floor under which prices cannot go in the long term.
a. Costs
b. Corporate objectives
c. Demand factors
d. Competitive factors

nhea · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

An annual report in a very brief format will let any interested party know what the company is about; it is a form of corporate communication. Most companies now offer electronic versions of their annual reports that can be accessed online through various services or on the corporate website. Vision statements, corporate philosophy, products and product lines, how to acquire goods, terms of sale, and tax information are all there.

Answer to Question 2

A