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Question

Which of the following decisions are taken by the management with the help of the financial statements?


A

Whether to sell to Mr. A because he is more good looking than Mr. B

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B

Whether to cast vote to BJP or Congress in the next elections

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C

Whether to discontinue a product that is not generating any sales from the last 2 years

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D

Whether to watch the next Shahrukh Khan movie or not

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Solution

The correct option is C

Whether to discontinue a product that is not generating any sales from the last 2 years


Financial statements help the management to gather information about the business, therefore all the decisions except in C can not be taken by the management with the help of financial statements.


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