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In Business / College | 2025-07-08

Financial information reported by an organization consists of data that can be:
A. measured in monetary terms
B. measured in numerical terms
C. explained in quantifiable terms
D. measured in percentage
E. explained verbally

Asked by jenniannette8

Answer (2)

Financial information can be expressed in various measurable terms, primarily in monetary values. It may also include numerical counts, percentages, and verbal explanations that provide context to the data. However, the emphasis is on data that can be quantitatively assessed. ;

Answered by GinnyAnswer | 2025-07-08

Financial information is primarily expressed in monetary terms, such as currency values like dollars or euros. It can also be measured in numerical terms, percentages, and may include verbal explanations for clarity. The best choice from the options provided is A: measured in monetary terms.
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Answered by Anonymous | 2025-07-10