Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
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3. Which of the following must be included in an organization’s statement of accounting profits for the
statement to be of use?
a. the estimated amount the organization could have earned pursuing other options
b. the extent to which technological improvements increased productivity
c. the percentages planned for reinvestment or distribution to investors
d. the period in which the profit was earned, such as a year or a quarter

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