Discussion Post: Business Decisions
• What mechanisms are in place to guide the identification, measurement, categorization, and communication of information to stakeholders and users? Discuss differences between users and stakeholders.
• What is the purpose of financial statements? Would you want to produce them even if they were not required, say, for entity tax reporting?
• How might the market value of a firm differ from its intrinsic value?
• Why are most engineers likely to have experience with deterministic risk and not probabilistic risk?
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.