Reports in the Financial Press That a Particular Company Reported

Multiple Choice

Reports in the financial press that a particular company reported healthy profits despite increased wage costs are indicative of:

A) The negative impact of reporting payments to employees as expenses while payments to owners are treated as distributions of profits.
B) The implied emphasis on the returns to owners being good and returns to other stakeholders such as employees as being bad.
C) The effect of reporting employees as expenses and not reporting the social costs of unemployment on decisions to restructure companies to reduce the work force.
D) The way accounting reflects and helps to re-create widely held views about the roles of various stakeholders in the entity.
E) All of the given answers.