One factor that influenced the failure of the United States in Vietnam was lack of public support. However, the notion that the war initially was prosecuted by the government against the wishes of the American people is false.
September 29, 2012/. The general purpose of the financial statements is to provide information about the results of operations, financial position, and cash flows of an organization. This information is used by the readers of financial statements to make decisions regarding the allocation of resources.
Quick Answer. Companies and individuals use financial accounting for the purposes of preparing and presenting financial statements. They use these statements to determine the overall financial condition of the company or their personal finances. Continue Reading.