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.
Profitability Evaluation. The purpose of an income statement is to assemble all the account information on revenues and expenses recorded during an accounting period and present them in the standard income-statement format.n other words, an income summary resets the balances of income-statement accounts in the accounting records to zero for next-period recording, whereas an income statement reports the balances of income-statement accounts to show current-period performance.