Question

Give an example of how financial accounting can serve the needs of stakeholders

Give an example of how financial accounting can serve the needs of stakeholders

Homework Answers

Answer #1

The number of decisions we make in a single day is staggering . For example ,think about what u had fir breakfast this morning . What pieces of information factored in to that decision ? A short list might in clude the foods that were available in your home , the amount of time you had to prepare and eat the food and what sounded good to eat this morning . Let's say you do not have much food in your home right now because you are overduev on a trip to the grocery store . Deciding to grab something at a local restaurant involves an entirely new set of choices . Can u think of some of the factors that might influence the decision to grab a meal at a local restaurant

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