Which of the Following Types of Information Is Not a Focus

question 126

Multiple Choice

Which of the following types of information is not a focus of the primary objective of financial reporting?

• A) information that helps a banker decide to provide a loan
• B) information that helps a manager assess the efficiency and effectiveness of operations
• C) information that helps a creditor evaluate the amount and timing of cash flows of its customers
• D) information that helps an investor form an opinion about a company's future cash flows

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Definitions:

Sensory Messages

Information received by sensory organs and transmitted to the brain, where it is processed and interpreted.

Prefrontal Cortex

The front part of the frontal lobe of the brain, associated with decision making, planning, problem-solving, and control of social behavior.

Phineas Gage

Phineas Gage was a railroad construction foreman who survived an accident in the 19th century causing a large iron rod to pass through his brain, profoundly affecting his personality and behavior, and contributing to the understanding of the brain's role in personality and cognitive function.

Personality

An amalgamation of elements or qualities that constitute a person's distinct identity and modes of behavior.