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.
The four basic financial statements. A complete set of financial statements is used to give readers an overview of the financial results and condition of a business. The financial statements are comprised of four basic reports, which are as follows: 1  Income statement. 2  Presents the revenues, expenses, and profits/losses generated during the reporting period.