Tools Window Help 4)) 81%-> Sat 13:12 Jonat . DS ACC220 MA-Homework FALL 2018.pdf (page 2 of 12- Q Search Q1: Chapter 1 1.1 Fox and Co is pursuing the generally accepted goal of maximisation of owners' wealth. In an attempt to achieve this, the management has decided to cut costs by reducing staff salaries. - Would this action be expected to achieve its purpose? Explain why or why not. (3points) - What general conclusion can be reached about the business's goal and the treatment of other stakeholders (groups involved with the business)?(3 points) .2 Broadly, all of the groups that were identified in the chapter as being users of accounting information about a business, except for the managers of the business, tend to have access to the same items of accounting information. This is typically the traditional annual accounting statements (the income statement, the statement of financial position (balance sheet) and the statement of cash flows). The managers, on the other hand, have access to all the information that they want. Why are managers treated so much better in tthe provision of accounting (3 points) information than the other groups