Which of the following is (are) true regarding timeliness and the importance of periodic reporting? (Check all that apply.) Multiple select question. The value of information is often linked to its timeliness. Decision makers require financial statements that are audited to ensure reliability. Businesses report financial information at regular intervals to ensure timeliness of data. Useful information must reach decision makers frequently.

• The value of information is often linked to its timeliness.

• Businesses report financial information at regular intervals to ensure timeliness of data.

• Useful information must reach decision-makers frequently.

Explanation:

Periodic reporting simply explains that the finances of businesses are reported in distinct time periods. The purpose of periodic reporting is simply for the provision of information.

Based on the options given, the true options regarding periodic reporting are:

• The value of information is often linked to its timeliness.

• Businesses report financial information at regular intervals to ensure timeliness of data.

• Useful information must reach decision-makers frequently.

explanation: i am going to tell you a lie dont know i just wanted to answer lol

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o