Introduction to finance and accounting

Essay specific features

 

Issue:

Business

 

Written by:

Dawn M

 

Date added:

November 11, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 669

 

Was viewed:

2297 times

 

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Essay content:

Business managers need accounting information to make sound leadership decisions. Investors hold out hope for profits that may eventually lead to distributions from the business (e.g., "dividends"). Creditors are always concerned about the entity's ability to repay its obligations. Governmental units need information to tax and regulate...
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Governmental units need information to tax and regulate. Analysts use accounting data to form their opinions on which they base their investment recommendations. Employees want to work for successful companies to further their individual careers, and they often have bonuses or options tied to enterprise performance...
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