Traditional accounting reports don't give sufficient information to managers who need to know what's happening, in detail, to improve the bottom line.
Answer the following statement true (T) or false (F)
True
Unfortunately, traditional accounting reports are usually too general to be much help in answering these questions. A company may be showing a profit, while 80 percent of its business comes from only 20 percent of its products-or customers. The other 80 percent may be unprofitable. But without special analyses, managers won't know it.
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In the language of many philosophers, ethical duties should be ________ rather than hypothetical.
What will be an ideal response?
Crisis communication plans should be approved by a firm's attorneys and corporate leaders before it is ever implemented
Indicate whether the statement is true or false
A company is said to be a direct foreign investor in another country if it:
a. outsources a part of its production to the country due to the availability of cheaper labor. b. exports finished products to that country. c. manufactures products for that country based on contract manufacturing. d. acquires an active ownership of marketing facilities in that country.
Controls to prevent or detect LAPPING include______________________________ and ______________________________.
Fill in the blank(s) with the appropriate word(s).