Confused? What is the problem at hand?
Answer:
The correct answer is letter "A": Investing decisions (Yes); Credit decisions (Yes).
Explanation:
Financial Accounting refers to gathering, recording, summarizing and reporting financial data related to a company. The ultimate objective is to accurately report the financial picture and results of a company at a certain point in time and over a certain point in time.
<em>The information gathered is helpful for investors so they can make decisions over what course the firm should follow moreover when a company might need credit to finance its operations.</em>
Cost: ...
Financial strength and stability of operations: ...
Form of organization and legal status: ...
Purpose and time period: ...
Risk profile: ...
Control: ...
Effect on credit worthiness: ...
Flexibility and ease:
As you focus on efficiency and delivery speed, teams become cross-functional, often aligning on a common area like “mobile” or the website. Teams, rather than individuals, are assigned to work. Shared services exist for specialized skills, such as DBAs or UX Design, that are too limited (or expensive) to have on every team. Capacity planning balances cross-functional team capacity against the business demand, as well as balancing shared services teams across the work.
Product- or Capability-aligned Teams
To build further momentum, teams must build expertise. Domain knowledge comes as teams are aligned with a product or business capability. Skills can be built by promoting pairing shared services experts with team members.