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to express feelings without accusing anyone

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7y ago
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Jayc

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1y ago

To help resolve conflicts

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Q: What is the purpose of I statements?
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The purpose of Statements of Financial Accounting Concepts is to?

The purpose of Statements of Financial Accounting Concepts is to : A establish GAAP.


What is the purpose of an audit?

The purpose of an audit is to add credibility to the financial statements of a business organization.To give credence to the accounting records, accounting polices and financial statements of an audit client.


Define the purpose of accounting and identify the four basic financial statements?

The purpose of accounting is provide information to the users like investors ,financial institutions and to other clients. The four basic financial statements are balance sheet,income statement,cash flow,statement of retained earning.


What are buffer statements?

Buffer statements are statements used at the beginning of a business letter expressing bad news. The purpose of a buffer statement is to cushion the effect of the bad news to the reader. Buffer statements can be used to compliment, appreciate or show argument but never to apologize. Buffer statements are never used to directly spill the bad news but only send a message to the reader that the bad news will be stated later on in the message.Hope this helps.


What are the Purpose and objectives in financial statement?

The main objective of financial statements is to provide relevant and reliable information about the financial performance and position of an entity to a wide range of users to assist them in forming their economic decisions. For example, investors require financial statements to judge the profitability of their investments. Lenders require them to assess the credit worthiness of potential clients. Management requires financial statements to manage the affairs of the company in the interest of shareholders. Government may require financial statements to assess the accuracy of tax returns.

Related questions

The purpose of Statements of Financial Accounting Concepts is to?

The purpose of Statements of Financial Accounting Concepts is to : A establish GAAP.


What are projected financial statements?

Projected financial statements are estimated financial statements before starting of any operating activity for planning purpose.


What is the purpose of an audit?

The purpose of an audit is to add credibility to the financial statements of a business organization.To give credence to the accounting records, accounting polices and financial statements of an audit client.


Disadvantages of general purpose financial statements?

i dont know the answer


What is the opening statements of a document such as a Constitution that declares the purpose of the state government?

preamble


What does a group of statements for a common purpose make?

Possible answers:a blocka methoda class


What is a group of statements that exist within a program for the purpose of performing a specific task?

Answer: Function "A function is a group of statements that exist within a program for the purpose of performing a specific task." (Source: Starting out with Python - Second Edition, Tony Graddis, Page 81)


Define the purpose of accounting and identify the four basic financial statements?

The purpose of accounting is provide information to the users like investors ,financial institutions and to other clients. The four basic financial statements are balance sheet,income statement,cash flow,statement of retained earning.


Mission and vision statements of various companies?

The purpose of mission and vision statements of various companies is to show prospective customers what their vales and aims are in so far as to what they promise they can deliver. Most companies will have their mission and vision statements visible on their website.


Which of the following statements BEST describes one of the seven key principles of software testing?

the purpose of testing


What is the purpose of if statement?

If statements are very common. They mean that on the condition of a occurrence happening or had happened that this may happen.


What is the mission statements for tesco's?

'Our core purpose is to create value for customers to earn their lifetime loyalty'