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.
DEFINITION of 'Financial Statements'. Records that outline the financial activities of a business, an individual or any other entity. Financial statements are meant to present the financial information of the entity in question as clearly and concisely as possible for both the entity and for readers.EFINITION of 'Financial Statements'. Records that outline the financial activities of a business, an individual or any other entity. Financial statements are meant to present the financial information of the entity in question as clearly and concisely as possible for both the entity and for readers.