Adventis

Adventis FMC Certification Level 1Questions with Verified Answers | 2024/2025 Update Graded A+ financial statement communicates what? - financial condition - results of operations - various other activities of an organization how board of directors use financial data... - hold management accountable - make boardlevel decisions about corporate strategy how company management uses financial data... - measure performance - make strategic, operating and financial decisions how creditor...

Board of Directors - Hold management accountable and make board-level decisions about corporate strategy. Company Management - Measure performance and make strategic, operating and financial decisions Creditors - Measure creditworthiness, liquidity and bankruptcy Investors - Make decisions on buying or selling equity investments Acquirers - Determine valuation and make investment decisions

What do the the three Financial Statements communicate? - ans - The financial condition, results of operations, and various other activities of an organization - *They provide a considerable amount of information to various stakeholders that enable them to make decisions* Board of Directors - ans Hold management accountable and make board-level decisions about corporate strategy Company Management - ans Measure performance and make strategic, operating and financial decisions ...

Adventis FMC Level 1 2024 Exam| Questions with Correct Answers| alreadt Passed financial statement communicates what?- financial condition - results of operations - various other activities of an organization how board of directors use financial data...- hold management accountable - make board-level decisions about corporate strategy how company management uses financial data...- measure performance - make strategic, operating and financial decisions how creditors use financial dat...

What are the three financial statements, and what do they do - ans income statement, balance sheet, cf statement they communicate the finanical conditions, results of operations, and other activties of an organization. The three finanical statements provide info to various stakeholders. How does the board of directors use finanical statements? - ans to hold mgmt acountable, make board-level decisions about corporate strategy company mgmt-- how do they use fina statements? - ans t...

what is the purpose of the income statement? What does it indicate? - ans to show stakeholders if the firm made or lost money during the period being reported it indicates how revenues are transformed into net income define: Revenue - ans the amount charged for the delivery of goods and services define: COGS - ans direct costs of producing revenue define: Operating Expense - ans all other expenses required to run the business what does Operating Income i...

What are the three financial statements, and what do they do - income statement, balance sheet, cf statement they communicate the finanical conditions, results of operations, and other activties of an organization. The three finanical statements provide info to various stakeholders. How does the board of directors use finanical statements? - to hold mgmt acountable, make board- level decisions about corporate strategy company mgmt-- how do they use fina statements? - to measure performance...

what is the purpose of the income statement? What does it indicate? - to show stakeholders if the firm made or lost money during the period being reported it indicates how revenues are transformed into net income define: Revenue - the amount charged for the delivery of goods and services define: COGS - direct costs of producing revenue define: Operating Expense - all other expenses required to run the business

What are the three financial statements, and what do they do - income statement, balance sheet, cf statement they communicate the finanical conditions, results of operations, and other activties of an organization. The three finanical statements provide info to various stakeholders. How does the board of directors use finanical statements? - to hold mgmt acountable, make board- level decisions about corporate strategy company mgmt-- how do they use fina statements? - to measure performance...