What is included on a balance sheet, and how do these items help management?
What will be an ideal response?
What is included on a balance sheet, and how do these items help management?
The balances in the asset, liability, and owner's equity accounts are on the Balance Sheet.
It shows management the company's complete financial condition.
It tells management the condition of the business on any one given day.
It helps management make better decisions about financial matters.
It can identify problem areas and pinpoint their weaknesses about the problem.
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Managers can use activity-based management to make what two kinds of decisions?
What will be an ideal response
GE operates a company trading site where it posts purchasing needs, invites bids, negotiates terms, and places orders. This is an example of a(n) ________
A) company buying site B) intranet link C) search engine D) trading exchange E) reverse auction