DECISIONS BASED ON ACCOUNTING INFORMATION. Decision makers use accounting information in a wide variety of decisions, including
Question:
DECISIONS BASED ON ACCOUNTING INFORMATION. Decision makers use accounting information in a wide variety of decisions, including the following:
. Deciding whether or not to invest in a business.
. Deciding whether or not to lend money to a business.
- Deciding whether or not an individual has paid enough in taxes.
. Deciding whether or not to place merchandise on sale in order to reduce inventory.
& Db =oP . Deciding whether or not to demand additional benefits for employees.
REQUIRED:
Identify each decision with one of the following decision makers: a government (G), an investor (I), a labor union (U), business managers (M), or a bank (B). Simply make a list of the numbers 1 through 5 and write the appropriate letter beside each number to indicate the decision maker primarily responsible for the decision.
Step by Step Answer: