Asked by ????????? ?????? on Apr 24, 2024
Verified
A public corporation filing a quarterly tax report would be providing
A) a progress report.
B) a compliance report.
C) a justification report.
D) a periodic operating report.
Compliance Report
A document that outlines whether and how well a company or individual adheres to set rules, regulations, or standards.
Periodic Operating Report
A document that provides an update on an organization's operations and performance over a specific time period.
Progress Report
A document or presentation that outlines the current status of a project or task, detailing what has been accomplished and what remains to be done.
- Grasp the importance of compliance reports in specific sectors.
Verified Answer
MA
Mohamad Al-KadriApr 30, 2024
Final Answer :
B
Explanation :
A public corporation filing a quarterly tax report is fulfilling legal and regulatory requirements, which is considered a compliance report. Compliance reports are used to demonstrate adherence to laws, regulations, or standards.
Learning Objectives
- Grasp the importance of compliance reports in specific sectors.