Which of the following factors influences the frequency of reporting?
A) The type of data reported
B) The conciseness of the report
C) The length of the report
D) The writing ability of the accountant

Question

Quizplus · Accepted Answer

The type of data reported can influence the frequency of reporting as some data may need to be reported more frequently than others (e.g. financial statements may need to be reported quarterly or annually, while inventory levels may need to be reported weekly). The other options listed (conciseness, length, and writing ability) may impact the quality of the report, but not necessarily the frequency of reporting.

Which of the Following Factors Influences the Frequency of Reporting