Explain how reported accounting numbers might affect an

Reference no: EM13481989

Explain how reported accounting numbers might affect an individual's perceptions and actions. Cite two examples. CA1-7 (Need for GAAP) Some argue that having various organizations establish accounting principles is wasteful and inefficient. Rather than mandating accounting rules, each company could voluntarily disclose the type of information it considered important. In addition, if an investor wants additional information, the investor could contact the company and pay to receive the additional information desired

Reference no: EM13481989

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Alexia corporation was organized on january1 2012 it is : alexia corporation was organized on january1 2012. it is authorized to issue 10000 shares of 8 100 par value preffered

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