Managers Often Consult Financial Statements for Specific Types of Information

question 19

Essay

Managers often consult financial statements for specific types of information.Indicate whether each of the following items would appear on the income statement,statement of owner's equity,or the balance sheet.Note that an item may appear on more than one statement.The first item is completed as an example.

---

Definitions:

Constructive Criticism

Feedback provided in a positive way with the intention of helping someone improve, focusing on specific issues rather than personal traits.

Write Concisely

The skill of expressing ideas or viewpoints clearly and with few words, without losing the intended message.

Rules of Composition

Guidelines used in visual arts and photography that govern the arrangement of elements within a piece to achieve a harmonious and aesthetically pleasing outcome.

Upward Communication

The flow of information from lower levels of a hierarchy to higher levels, crucial for feedback, decision-making, and maintaining an informed leadership.