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Depending on the type of financial statement requested, there is a wealth (pun intended) of information that can be found in financial reports. Such information can include balance sheets, as well as income statements. Balance sheets are very useful as they provide the information for a company, including it's assets, equity, and liability. This will provide a "snapshot" of sorts of a company, allowing one to access information that may not be knowingly readily available to the public. Income statements are also a great source for anyone interested in knowing what a company has earned over time. These types of statements are useful for Accountants, shareholders, and anyone interested in investing in a company.
Wiki User
∙ 10y ago
Wiki User
∙ 11y agoIncome and expenditure, Profit and Loss, Balance sheet and Notes to the Accounts
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What are the different types of financial information systems?i want to know as well
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When Dale made the decision to sell his stock in copper he was using a report generated by his decision support information system. How can Dale be sure that his report gives him relevant information?
dale needs to configure the information system to produce specific types of data that are relevant to his business needs
