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Evaluating the financial condition of an entity
Evaluating stewardship
Evaluating the effectiveness of operations
Determine the compliance of operation with directives.
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Describe the four approaches to using financial ratios?
Describe the four approaches to using financial ratios?
Differences between financial and non-financial information?
Financial information is concerned with making money and managing money for the organization. Non-financial information is information about customers, suppliers, etc.
What are financial information systems and what do they do?
What are financial information systems and what do they do, for a small business
What are the role of Transaction Processing System on financial information system?
An information system that tracks financial events and summarizes financial information is said to be financial information system. Generally the term financial information system refers to use of information communication technology in financial operations to support management and budgeting decisions and preparation of financial reports and statements. A financial information systems stores, organizes and makes access to financial information easy. It not only stores all the financial information relating to current and past years' spending, but also stores the approved budgets for these years, details on inflows and outflows of funds, as well as completes inventories of financial assets (eg equipment, land and building) and liabilities (debt).
How would you interpret financial information correctly?
· principles you would apply to interpreting financial information correctly?
Describe the uses of financial accounting?
describe various uses of financial statements
About financial information system concepts?
Uses of Financial Information System
Why do employees uses acounting information?
Employees use accounting information to learn information about the business, such as the financial health, amount of sales and profitability, and many other things.
Describe business acumen?
Business acumen involves the ability to manage human, financial, and information resources in an organization, strategically.
Who are the users of financial information that are focused on the business ability to meet their financial obligation?
the internal and external users are the persons who uses the financial information , either they are directly related to the company or indirectly to their use, they are basically shareholders, debentureholders,creditors, employees and the government, financial institutions and other organisation to evaluate the status of the company.
Describe the four approaches to using financial ratios?
Describe the four approaches to using financial ratios?
Importance of financial statements for creditors?
Importance of Financial statements are declarations of information in financial terms about an enterprise that are believed to be fair and accurate. They describe certain attributes of the enterprise that are important for decision makers, particularly investors (owners) and creditors.
How would you describe an invention that uses indicators?
describe an invention that uses indicators
What is the fifth method the GASB uses to establish standards?
Improve the common understanding of the nature and purposes of information contained in financial reports.
What is a computerised financial management information system?
financial information
Differences between financial and non-financial information?
Financial information is concerned with making money and managing money for the organization. Non-financial information is information about customers, suppliers, etc.
Describe the uses for the range of finishing looks?
describe the uses for the range of finishing looks
