IncorrectQuestion 3 0 / 1 pts Which of the following would represent the least likely use of an...

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Finance

IncorrectQuestion 3
0 / 1 pts
Which of the following would represent the least likely use ofan income statement prepared for a business enterprise?
Use by customers to determine a company's ability to provideneeded goods and services.
Use by labor unions to examine earnings closely as a basis forsalary discussions.

Use by government agencies to formulate tax and economicpolicy.

Use by investors interested in the financial position of theentity.
What might a manager do during the last quarter of a fiscal yearif she wanted to improve current annual net income?

Increase research and development activities.

Relax credit policies for customers.

Delay shipments to customers until after the end of the fiscalyear.

Delay purchases from suppliers until after the end of the fiscalyear.

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3.8 Ratings (488 Votes)

1Option 3 Use by government agencies to formulate tax and economic policy The income statement is a summary of the incomes and expenses of the firm for a particular period The customers can determine if the company can provide the goods and See Answer

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IncorrectQuestion 30 / 1 ptsWhich of the following would represent the least likely use ofan income statement prepared for a business enterprise?Use by customers to determine a company's ability to provideneeded goods and services.Use by labor unions to examine earnings closely as a basis forsalary discussions. Use by government agencies to formulate tax and economicpolicy. Use by investors interested in the financial position of theentity.What might a manager do during the last quarter of a fiscal yearif she wanted to improve current annual net income? Increase research and development activities. Relax credit policies for customers. Delay shipments to customers until after the end of the fiscalyear. Delay purchases from suppliers until after the end of the fiscalyear.