Analyst Questions

Unbalanced forces are the forces which causes change in motion of the object. It sets the object in motion and may cause the object to move. If the object is already in motion, it changes the speed and direction of the object.

Financial Reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specified period of time. These stakeholders include – investors, creditors, public, debt providers, governments & government agencies.

Financial Reporting is very important and critical task of an organization. It is vital part of Corporate Governance.

The objectives & purposes of financial reporting :–

* Providing information to management of an organization which is used for the purpose of planning, analysis, benchmarking and decision making.

* Providing information to investors, promoters, debt provider and creditors which is used to enable them to male rational and prudent decisions regarding investment, credit etc.

* Providing information to shareholders & public at large in case of listed companies about various aspects of an organization.

* Providing information about the economic resources of an organization, claims to those resources (liabilities & owner’s equity) and how these resources and claims have undergone change over a period of time.

* Providing information as to how an organization is procuring & using various resources.

* Providing information to various stakeholders regarding performance management of an organization as to how diligently & ethically they are discharging their fiduciary duties & responsibilities.

* Providing information to the statutory auditors which in turn facilitates audit.

* Enhancing social welfare by looking into the interest of employees, trade union & Government.

An interest group is an organization whose members share common concerns and try to influence government policies affecting those concerns. Interest groups are also known as lobbies.

Troposphere is the most densest layer and is the lowest atmospheric layer.

Transported soils form from weathered material deposits, which are transported by natural forces to a new site, away from the site of origin.

A Garbage Truck has wheels to move and flies like insects houseflies, mosquitoes in the garbage it is carrying. Hence, it is not an aircraft.

The skeleton of the Great White Shark is made up of cartilage and connective tissue. There are no bones in a white shark's body.