Complete the following statements with one of the terms listed here. You may use

Question

Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all Budget Controlling Creditors Managerial accounting Planning Financial accounting Shareholders a. US companies must follow GAAP (or International Financial Reporting Standards, IFRS, in the case of companies headquartered in many countries outside of the United States) in their b. Financial accounting develops reports for external parties such as c. When managers evaluate the company's performance compared to the plan, they are performing the systems. and role of management. d. are decision makers inside a company. provides information on a company's past performance to external parties systems are not restricted by GAAP (or International Financial Reporting Standards, IFRS, in the f. versus the benefits of the system g. Choosing goals and the means to achieve them is the h. function of management systems report on various segments or business units of the company. statements of public companies are audited annually by CPAs

Explanation / Answer

a. Financial acconting

B. Creditors

C. Controlling

D. Managers

E. Financial accounting

F. Managerial accointing

G. Planning

H. Budgets

I. Finacial accounting

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---