You and your business partner have launched your own company. Business is going very well, and the
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You and your business partner have launched your own company. Business is going very well, and the two of you are now trying to make decisions about marketing and production and accounting. Regarding accounting your partner has expressed the opinion that the company has little need for gathering financial information about what has happened in the past the company needs to be focused on the future.
State at least two reasons a company needs information about past business transactions and how support future business decisions.
Related Book For
Managerial Accounting An Integrative Approach
ISBN: 9780999500491
2nd Edition
Authors: C J Mcnair Connoly, Kenneth Merchant
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