Examlex
In order to calculate the variance,which of the following must you know?
Internal User
Refers to individuals within an organization who use financial information to make decisions, including managers and employees.
Accounting Information
Financial data and reports derived from accounting practices, used by stakeholders to make informed decisions regarding a company or entity.
Financial Reporting
The method of generating reports that reveal a company's financial condition to its management, investors, and governmental bodies.
Highly Transparent
Refers to an environment, system, or organization where there is easy access to complete information, thereby facilitating openness and communication.
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