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Which financial tool that provides information about the past performance of a business?
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Which part of the accounting cycle provides information to help a business decide whether to expand its operations?
financial statment
Similarities between cost, financial and management accounting?
A chart of accounts provides a listing
What are Advantages of segment reporting information?
Many conglomerates have expanded into more diversified businesses and some have entered overseas markets. As a result, their operations have become too sophisticated to allow financial performance to be analysed from the profit-and-loss statement and balance sheet alone. So, how do shareholders or investors know which businesses are making money and which are losing money? The answer is ''segment information''. Segment information is a part of the financial statements that provides useful information about a company's revenues, operating results and assets, by business segment and geographical segment.
Characteristics of accounting?
Accounting provides businesses with useful and relevant information. The more accurate the information, the more the business can base business decisions on the information.
What are roles of accounting in business?
the simplest answer to this question is that accounting provides information for managers to use in operating the business.
Why are shareholders interested in the financial report?
Shareholders are interested in the financial report because it provides them with information about the company's financial performance and health. It helps them evaluate the company's profitability, cash flow, and overall financial stability. This information is crucial for making informed investment decisions and assessing the value of their shares.
Of what importance is an accountant to the entrepreneur?
An accountant not only provides the financial data and statements for the business but also interprets the information for the entrepreneur.
What are the importance of sheets?
The balance sheet is important because it provides the information needed for tracking the financial process of a business. It gives the owners an easier and quicker way to handle their capabilities and financial strengths within their business.
Which part of the accounting cycle provides information to help a business decide whether to expand its operations?
financial statment
Accounting is a service function?
within an organization that involves recording, analyzing, and reporting financial transactions and information. It helps in decision-making, monitoring financial performance, and ensuring compliance with regulations. Accounting provides valuable information for management, investors, and other stakeholders to make informed decisions and assess the financial health of the business.
What are the importance of balance sheet?
The balance sheet is important because it provides the information needed for tracking the financial process of a business. It gives the owners an easier and quicker way to handle their capabilities and financial strengths within their business.
What are the differences between accounting system and accounting information system?
accounting is a interesting field and it is a business transaction and preparation financial statements and accounting information system it is a system of information provides.because of information provides the management can control a business. writer, sakibrubel
Where can I find out about business debt advice?
Business debt advice has to do with the financial burden that befalls a business experiencing economic difficulty. The first place to look for such information is your states government website. For instance www.ga.gov provides such information for GA residence.
Where can one find information on a corporate profile?
The whole corporate profile provides information. It states the background and experience, business overview, and growth plans. It also helps to track performance.
Where can one view up to date information about current events happening in the business world?
Someone can view up to date information about current events happening in the business world from a number of websites such as Fox News or Forbes. Forbes provides up to date information about financial matters in the business world.
Why do most companies adhere to GAAP for their basic internal financial statements?
Accural accounting provides a uniform method to measure an organization's financial performance.
What are the advantages of theories?
Normative theory provides the collection of financial information.
