subject
History, 18.11.2020 07:10 120175

Select the correct text in the passage. Which sentences explain the limitations of financial statements?
Financial Statements - Limitations
The business's balance sheet income statement, cash flow statement, and statement of retained earnings are some of the important financial
statements. Financial statements are used for comparisons of the performance of companies belonging to similar industries. Estimates used
for calculating financial statements are subjective as they involve management's foresight to arrive at different values. Historical data is most
commonly used to measure assets. The opportunity cost of using the assets are not taken into account while preparing financial statements.

ansver
Answers: 1

Another question on History

question
History, 21.06.2019 17:40
Trench warfare began after germany failed in its initial plan to seize france and bring a quick end to the war. negotiate a temporary truce with the allied forces. attack the allies by sea with its powerful navy. storm across the eastern front to attack russia.
Answers: 1
question
History, 22.06.2019 08:30
According to some historians which marks at the beginning of the us civil war
Answers: 1
question
History, 22.06.2019 11:00
All of the following are reasons that rome was so strong and powerful except a. rome had excellent soldiers c. they were armed with a gladius and pilum b. they had legions d. they valued education and intellect
Answers: 2
question
History, 22.06.2019 12:00
What caused the formation of the whig party? the veto by andrew jackson of the bill renewing the national bank the election of andrew jackson the tariff of abominations the nullification crisis and south carolina’s secession threat
Answers: 3
You know the right answer?
Select the correct text in the passage. Which sentences explain the limitations of financial statem...
Questions
question
English, 03.03.2021 02:40
question
Mathematics, 03.03.2021 02:40
question
Mathematics, 03.03.2021 02:40
Questions on the website: 13722363