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Question
The gaps between the management performance and ownership expectations are understood through _________.
The gaps between the management performance and ownership expectations are understood through _________.
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Solution
The correct option is B financial statements
The financial statements show the financial position of an organisation, thereby telling if the policies, procedures and methods used by the management were useful or not. They show the gap between the actual performance by the management and the owner's expectation.
The financial statements show the financial position of an organisation, thereby telling if the policies, procedures and methods used by the management were useful or not. They show the gap between the actual performance by the management and the owner's expectation.
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