In financial needs assessment, the only thing we need to do is to assess the financial needs of the venture in an expected future with reasonable assumptions.
举一反三
- The shareholder does not need a statement of financial position as only interested in future performance, while a supplier of goods on credit needs a statement of financial position, as they are only interested in the current state of affairs.
- The company needs more financial (assist) ____________ from the Government.
- What questions do we need to think about in the Needs Understanding stage? A: How to define the problem? B: What do the users need? C: How to achieve the needs? D: How to optimize the product?
- Indicate which of the following statements are more descriptive of management accounting than of financial accounting. A: Recognized standards are used for presentation. B: Information is tailored to the needs of individual decision makers. C: Information is more widely distributed. D: Emphasis is on expected future results.
- When a business applies for a loan from the bank, the bank needs to know the financial position and performance of the business through ______________.