172. What information does the Income Statement give to business users? 173. What are the three sections of the Statement of Cash Flows? 174. Companies like Enron, WorldCom, and Tyco...

172. What information does the Income Statement give to business users?

173. What are the three sections of the Statement of Cash Flows?

174. Companies like Enron, WorldCom, and Tyco International, Ltd. have been caught in the midst of ethical lapses that led to fines, firings, and criminal and/or civil prosecution. List and briefly describe three factors that are responsible for what went wrong in these companies.

175. Explain internal and external users of accounting information by presenting the area of accounting that provides them with information. In your answers, also give an example of each type of user along with a report that each might use.