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Essay

Speeding up the close

Essay specific features

 

Issue:

Business

 

Written by:

Barbara V

 

Date added:

July 26, 2013

 

Level:

 

Grade:

A

 

No of pages / words:

3 / 767

 

Was viewed:

9696 times

 

Rating of current essay:

 
Essay content:

This article discusses fiscal year and the abilities of companies to close the books quickly to access real-time financial results, which, in turn, lead to better decision making. Companies spend or invest funds in projects that hopefully make the firm more profitable, having real-time financial results would make this more efficient...
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Faster closings means more time for the company to process the numbers, also a rapid close is a sign of the efficiency and success of management and the company. If management has real-time financial results it allows them to respond more efficiently to changes in the market, which, in turn, help investors make significant investment decisions...
displayed 300 characters

General issues of this essay:
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