James is puzzled as he reads Corus Entertainment 's financial statements He notices that the numbers have all been rounded to the nearest thousand He thought financial statements were supposed to be accurate and he is now wondering what happened to the rest of the money Respond to James 's concern ...

It is likely that the use of rounded figures would no ...

James is puzzled as he reads Corus Entertainment's financial statements. He notices that the numbers have all

Question:

James is puzzled as he reads Corus Entertainment's He notices that the numbers have all been rounded to the nearest thousand. He thought were supposed to be accurate and he is now wondering what happened to the rest of the money. Respond to James's concern.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...