The lack of women and minorities in senior management positions can be explained by

1 answer:

3 0

<span>This is an example of the glass ceiling effect. Many women/minorities tend to reach a level at which they are simply passed over for higher positions in businesses and other leadership ranks, in favor of (possibly lesser-qualified) male and non-minority candidates. This "ceiling" seems impenetrable until it is demonstrated that these minority candidates are just as capable as those who are already in those same positions.</span>

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Answer:

2.49

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

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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.

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