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lindseyw lindseyw
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The purpose of financial statements contained in annual reports is to

▸ communicate a company's strategic direction and controlling activities to external users.

▸ provide information to external users for decision making.

▸ aid in monitoring day-to-day decisions of operations to ensure the company's strategy is followed.

▸ aid external financial users in analyzing product costs for the company's segments and perform short-term planning.
Textbook 

Managerial Accounting


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egidrarcegidrarc
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More solutions for this book are available here
provide information to external users for decision making.

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lindseyw Author
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A week ago
this is exactly what I needed
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Thanks
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2 hours ago
Good timing, thanks!
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