Relevant Financial Information

May 28th, 2014
DreamIt
Category:
Accounting
Price: $5 USD

Question description

Hello everyone,

Week 2 DQ 2  Due by Friday.  Relevant Financial Information for a Small Business.

Please respond to the following discussion question by replying to this thread.  Your response should fully address all elements of the question and be a minimum of 200 to 300 words long.

Assume that you have an existing small business and you want to improve its financial performance.

Relevant financial information is defined as “the predicted future costs and revenues that will differ among the alternatives”.  What financial information do you believe is most relevant to analyze and understand?  Why?

How relevant overall do you believe historical information is in planning?


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