« previous next »

Author Question: Describe who needs information about a business and why they may need it. What will be an ideal ... (Read 52 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
on: Jul 5, 2018
Describe who needs information about a business and why they may need it.
 
  What will be an ideal response?

Question 2

A corrective control plan is designed to discover problems that have occurred.
  Indicate whether the statement is true or false


sarah_brady415

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 5, 2018
Answer to Question 1

Users of financial information include managers who need information to plan, control, and evaluate the operation of a business. Regulators and government agencies such as the SEC and IRS require information to monitor compliance with government regulations such as payment of taxes. Creditors require information about the financial health of a company before they will lend money to a business.

Answer to Question 2

F


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The average adult has about 21 square feet of skin.

Biological Information Flow Biological Information Flow
Everyday situations sometimes present opportunities for children to build information processing ... Everyday situations sometimes present opportunities for children to build information processing ...
The medical assistant reviews the PDR for information related to a drug. The medical assistant reviews the PDR for information related to a drug.
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
The vehicle emissions control information (VECI) sticker is placed under the hood. The vehicle emissions control information (VECI) sticker is placed under the hood.
Business Analytics, 2nd Edition Business Analytics, 2nd Edition
Video: Origin of organelles Animation

For a complete list of videos, visit our video library