Question

________ reports assists managers in planning and polciy formulation. The reports shows areas of growth or concentration. A. Cost allocation B. Information C. Control D. Planning

Answer 1

Answer:

The correct answer is letter "B": Information.

Explanation:

Information reports provide managers with valuable data that allows executives to make decisions. The data portrayed to managers is usually brief including key points of the current company's performance and numerical data such as percentages or ratios. Informational reports in most cases are feeds of earnings, profits, costs, and corporate losses.