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dezoksy [38]
3 years ago
13

xternal users of financial information: Multiple Choice Are not directly involved in operating the company. Make strategic decis

ions for a company. Include internal auditors and managers. Are those individuals involved in managing and operating the company. Make operating decisions for a company.
Business
2 answers:
zimovet [89]3 years ago
7 0

Answer:

The correct answer is letter "A": Are not directly involved in operating the company.

Explanation:

The financial information of a company can be of use of external parties when they are interested in taking part in the firm in the form of investments, massive labor hand or to report transaction information to a governmental agency. <em>Those parties are not part of the firm at the moment of asking for the data.  </em>

<em>The financial statements provided for such purposes are the organization's Balance Sheet, Income Statement, and Cash Flow Statement.</em>

Reptile [31]3 years ago
4 0

Answer:

Are not directly involved in operating the company.

Explanation:

External user of financial information are those that are not directly involved in the business's operations. They do not make decisions for the company but rather are interested in the financial statements of the company for various reasons.

Example of external users include stockholders, creditors, investors, government, journalists, and regulatory agencies.

Internal users in the other hand deal directly with the company and include managers, directors and employees.

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Answer:

The statement is: False.

Explanation:

Many people have the wrong idea that writing long paragraphs is better to provide a more professional look to a study or report. However, in business especially, the optimal rule to follow is to be short and concise. Managers need information that will help them make decisions. Thus, the data provided must give clear conclusions from where the decisions can be taken. Wordy reports seem unuseful for that purpose.

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4 years ago
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Vikki [24]
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3 years ago
Read 2 more answers
What are the portfolio weights for a portfolio that has 130 shares of Stock A that sell for $40 per share and 110 shares of Stoc
Eva8 [605]

Answer:portfolio Weight of A =0.6118; portfolio Weight of B=0.3882

Explanation:

stock A  Investment = Number of shares x market value

=130 x 40 = $5200

stock B investment =Number of shares x market value

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portfolio Weight of B = 3,300 / 8,500 =0.3882

3 0
3 years ago
Within each retail establishment of Kmart, external
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Answer:

​the correct answer is Limited-service wholesalers

Explanation:

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