UNIVERSITY OF THE EAST-CALOOCAN

College of Business Administration

SY 2023 - 2024 BMA 4303 MANAGEMENT REPORTING

NAME STUDENT#

SECTION DATE

I. Introduction to Management Reporting

True or False Statement.

Write True if the statement is correct and write False if the statement is incorrect and explain why the
statement is incorrect.
1. Management Reporting primarily focuses on external stakeholders. False. Management reporting

is focused on internal stakeholders and is used by management to make informed decisions about the

business's operations.

2. Financial reporting is retrospective in nature. True. Financial reporting provides historical data on a
company’s financial performance.

3. Management Reporting utilizes technology such as BI tools and data analytics. True. Modern
management reporting commonly leverages Business Intelligence (BI) tools and data analytics to
provide insightful information to management.

4. The purpose of an Organizational Communication Plan is to create confusion within the

organization. False. The purpose of an Organizational Communication Plan is to ensure
clarity and consistency in communication within the organization, not to create
confusion.

5. The scope of Management Reporting includes only financial data. False. Management reporting
can include both financial and non-financial data, such as operational efficiency, market trends, and
human resource metrics.

6. Organizational Communication Plans target only external stakeholders. False. Organizational

Communication Plans typically target both internal and external stakeholders, facilitating effective
communication with all relevant parties.

7. The strategy in an Organizational Communication Plan involves using random channels for
conveying information. False. The strategy should include carefully selected channels that
are most effective for reaching the intended audience, not random channels.

8. Financial reporting is voluntary for organizations. False. Financial reporting is typically a legal
requirement for organizations, particularly for publicly traded companies.

9. The audience for an Organizational Communication Plan is limited to top-level management.

False. The audience for an Organizational Communication Plan includes anyone the plan is intended to

reach, which can be employees, stakeholders, investors, and more, not just top-level management.

10. Technology plays no role in the structure of Management Reporting. False. Technology often
plays a crucial role in the structure of management reporting by facilitating data collection, analysis,
and presentation.
11. Management Reporting is primarily focused on providing information to external

stakeholders.False. As previously mentioned, management reporting is tailored towards the needs of

internal stakeholders to aid in decision-making.

12. Financial reporting and management reporting follow the same standardized principles. False.
Financial reporting often follows standardized principles, such as GAAP or IFRS, while management
reporting is more flexible and tailored to the needs of the organization.

13. An Organizational Communication Plan includes components such as purpose, audience,

strategy, and structure. True. These are essential components of an effective
communication plan.

14. The purpose of an Organizational Communication Plan is to create confusion and

ambiguity.False. The intent of an Organizational Communication Plan is to prevent confusion and

ambiguity by providing clear, consistent, and relevant information.

15. Technology plays a minimal role in enhancing the efficiency of Management Reporting. False.
Technology plays a significant role in enhancing the efficiency and effectiveness of management
reporting by enabling advanced data analysis and real-time reporting capabilities.