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Nezavi [6.7K]
2 years ago
8

financial accounting focuses on the needs of external users, who get accounting information from general-purpose financial state

ments. true or false
Business
1 answer:
Anit [1.1K]2 years ago
7 0

It is a false statement that a financial accounting focuses on the needs of external users who get accounting information from general-purpose financial statements.

<h3>Who are external users of financial accounting?</h3>

An investors is the most common external users of financial statements because they make and assess their investment decisions by using relevant financial information in a company's financial statements

But external users of financial accounting such as shareholders, boards also uses the financial accounting, therefore, It is a false statement that a financial accounting focuses on the needs of external users who get accounting information from general-purpose financial statements.

Read more about financial accounting

brainly.com/question/17401239

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1. Define scarcity. What signifies to managers that a resource used in production is becoming scarce? What impact does this have
Stels [109]

Answer:

scarcity means that a good is limited in supply, relative to it's demand.

Explanation:

By limited, it means that the available resources are not enough for the satisfaction of a need.

Price hikes tells us of scarcity of a resource. When the price of a resource or good gets increased or is continuously increasing the price of the resource may show that it is scarce.

Management have to allocate resources in such a way that they do not have to run out of the resources or or they may decide to use substitute resources.

8 0
3 years ago
g For each target market, General Imaging Corporation, a manufacturer of imaging equipment, will engage in positioning, adjustin
lesya692 [45]

Answer: a clear, distinctive, and desirable understanding of their products relative to competing products.

Explanation:

Marketing mix is regarded as the foundation model for every business as it's based on the product, the price, place, and also promotion. Marketing mix is the marketing tools sets used in pursuing the marketing objectives of s company.

For each target market, General Imaging Corporation, a manufacturer of imaging equipment, will engage in positioning, adjusting their marketing mix variables in order to give customers a clear, distinctive, and desirable understanding of their products relative to competing products.

4 0
3 years ago
​Ernst's Electrical has a bond issue outstanding with ten years to maturity. These bonds have a​ $1,000 face​ value, a 5 percent
SVEN [57.7K]

Answer: 5.52%

Explanation:

Given the following :

Face value (f) = $1000

Bond price(p) = 96% of face value = 0.96 × 1000 = $960

Coupon rate = 5% Semi-annually = 0.05/2 = 0.025

Payment per period (C) = 0.025 × 1000 = $25

Period(n) = 10 years = 10 × 2 = 20

Semiannual Yield to maturity = [(((f-p)/n) + C) / (f + p)/2]

Semiannual YTM = [(((1000 - 960) / 20) + 25) / (1000 + 960)/2]

Semiannual Yield to maturity = [(((40 /20) + 25) / 1960/2]

= (2 + 25) / 980

= 27 / 980 = 0.02755 = 2.755% = 2.76%

Pretax cost of debt = Yield to maturity = 2 × Semiannual yield to maturity

Pretax cost of debt = 2 × 2.76% = 5.52%

8 0
3 years ago
What would the following date represent in Europe? 06/07/21
Damm [24]

7 June 2021

They don't use commas btw

6 0
2 years ago
Read 2 more answers
The first three steps of the strategic management process involve ________ strategies.
Lina20 [59]

The first three steps of the strategic management process involve <u>planning</u> strategies.

Strategic planning is a system in which an agency's leaders outline their imaginative and prescient destiny and become aware of their agency's desires and goals. The method consists of setting up the sequence in which the goals should be realized in order that the business enterprise can reach its stated vision.

Inside making plans, there are 4 important categories: strategic, tactical, operational, and contingency planning. Strategic planning is a manner that groups use to determine their dreams and targets.

Strategic planning is an agency's procedure of defining its approach or direction and making selections on allocating its assets to achieve strategic goals. it is able to also extend to govern mechanisms for guiding the implementation of the strategy.

Learn  more about planning strategies here brainly.com/question/17924318

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3 0
1 year ago
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