Answer:
The correct answer is letter "A": Shareholder's equity is the residual value of a firm.
Explanation:
Shareholders' equity is a measure of a company's net worth. I can be calculated by subtracting the company's total liabilities from its assets. It is also understood as the <em>funds remaining after all creditors and debts are paid</em> that is why we could say it is the residual value of the firm.
Answer:
Customer satisfaction and complaint reports should be excluded from financial reports.
Explanation:
Customer satisfaction and complaints report is a marketing report, it determines how the products and services provided by a company meet or exceed customer expectations. Customer expectitions are not the same for each customer, and can't be measured and registered in a financial report.
Financial reports are those comply certain assumptions such as:
Accrual assumption.
Consistency assumption.
Economic entity assumption.
Reliability assumption.
Time period assumption.
Among others.
Answer:
Quality assessment
Explanation:
Quality assessment is a set of processes that is used to ensure progressive improvement in health care delivery by evaluating structure, process, and outcome in a health care organisation.
Quality standards are set for different criteria and the quality assurance officer follows certain steps to ascertain if minimum standard is being met.
If however the quality standard is below expectations, Tha cause is determined with a view of making improvement.
Well, what kind of company is it your trying to improve?
