Limitations of the income statement and balance sheet
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Users of a company's basic financial statements rely on them to make critical decisions. What are the limitations of the income statement and balance sheet that users should be aware of?
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A discussion of the limitations of the income statement and balance sheet are determined.
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Users of a company's basic financial statements rely on them to make critical decisions. What are the limitations of the income statement and balance sheet that users should be aware of?
The income statement shows the operating results of a business over a period of time. According to wikipedia.org, however, information in an income ...
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