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Author Question: The internal financial reports provided by controllers are primarily used by all of the following ... (Read 327 times)

beccaep

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on: Sep 5, 2019

Question 1

Hoffman Electronics is a U.S. company. Which balance sheet format is most likely used by Hoffman?
◦ assets + liabilities = reserves
◦ assets = liabilities + shareholders' equity
◦ current assets - current liabilities = fixed assets - noncurrent liabilities = capital and reserves
◦ noncurrent assets + current assets - current liabilities - noncurrent liabilities = shareholders' equity

Question 2

The internal financial reports provided by controllers are primarily used by all of the following EXCEPT ________.
◦ creditors
◦ lenders
◦ customers
◦ investors
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
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Marked as best answer by beccaep on Sep 5, 2019

gcook

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Reply #1 on: Sep 5, 2019
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beccaep

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Reply 2 on: Sep 5, 2019
Excellent

CAPTAINAMERICA

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Reply 3 on: Yesterday
Wow, this really help

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