EBK CFIN
6th Edition
ISBN: 9781337671743
Author: BESLEY
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Chapter 1, Problem 2PROB
Summary Introduction
To determine: why people pursuing career in Business must be equipped with knowledge of Finance
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Why should persons who pursue careers in business have a basic understanding of finance even if their jobs are in areas other than finance, such as marketing or information systems?
what is the job of a financial intermediary*? What might happen if they fail to do their job?
*as part of your response, you should probably name the different types of financial intermediaries
How could the presentation of financial information pose an ethical dilemma to a business professional who is attempting to meet the demands of users who are interested in similar information?
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- Why accountants are not afraid of subjectivity? Theoryarrow_forwardIs accounting a trustworthy profession? How would you know whether it is or is not?arrow_forwardAn ethical problem may arise for a company expert who is trying to address the needs of people who are interested in financial information.arrow_forward
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