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siniylev [52]
2 years ago
12

Which of the following is true of general-purpose financial statements?

Business
1 answer:
ehidna [41]2 years ago
8 0

The option that tells us the truth about the general purpose financial statements is that, They provide important information at the least cost.

<h3>What is meant by the general purpose financial statement?</h3>

The term general purpose financial statement is used to refer to the financial statements that re used in the provision of information about the operations and the financial standing of a company or an organization. It also tells us of the cash flow that the organization is having.

Hence we can say that The option that tells us the truth about the general purpose financial statements is that They provide important information at the least cost.

Read more on the financial statements here: brainly.com/question/26240841

#SPJ1

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Research indicates that high-performance project teams are much more likely to develop under certain conditions. One of these co
ICE Princess25 [194]

Research indicates that high-performance project teams are much more likely to develop under certain conditions. One of these conditions is that members are assigned to the project manager.

High performance teams are composed of individuals with specialized expertise and complementary skills who are hyper focused and goal oriented on achieving clear and outstanding results

So the members are assigned to the project management. It is the process of leading the work of a team to achieve all project goals with the given constraints.

Learn more about high performance project teams here

brainly.com/question/24248709

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4 0
2 years ago
Which aspect of marketing (branding, promotion, or market research) is the most important for companies to consider when
fenix001 [56]

Market Research

Explanation:

In a global business, <u>The firm often goes into uncharted territories for themselves and takes heavy risks in places unknown to them.</u> In such a situation market research done right is the best thing a firm can hope for apart from all other things.

A market not suitable for their products will simply not be beneficial no matter how everything else works out.

For example,<u> McDonald's setting up operations in India made its menu suit the Indian taste pallet and was able to carve out a market share</u> while other food chains were not as quick to do it.

7 0
4 years ago
Emilee signed a rental agreement for her new condo after she moved out the owner determined that the condo needed to be cleaned
nevsk [136]

Answer:

750

Explanation:

6 0
3 years ago
Read 2 more answers
When a bank's loans are written off then the bank's?
VladimirAG [237]
When a bank's loans are written off, then the bank's RESERVES SHRINK WHEREAS ITS DEBTS REMAINS THE SAME. Sometimes, due to unpleasant situations, banks are forced to write off loans which they hand lend out to borrowers and which the borrower are unable to repay. This action reduces the amount of money that the bank has in its reserve.
8 0
4 years ago
If you invest $5,000 at the beginning of each month, howmany months will it take for your account to grow to $250,000
mr Goodwill [35]

Answer:

50 Months

Explanation:

If there is no compound interest it would be 50 Months. You would divide 250,000 by 5,000 to get the months.

5 0
3 years ago
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