Which of the Following Is NOT a Reason Why Users

question 24

Multiple Choice

Which of the following is NOT a reason why users need governmental and not-for-profit external financial statements?

• A)To determine the ability of the entity to meet its obligations.
• B)To determine the ability of the entity to continue to provide services.
• C)To predict future fiscal solvency.
• D)To evaluate the overall profitability of the entity.

---

Definitions:

Root

A foundational part or the base of something, often referring to the part of a plant that typically lies below the surface of the soil or a basic cause, source, or origin of something.

-ectasis

Refers to dilation or expansion of a hollow organ or its parts.

-phobia

A suffix used to denote an extreme or irrational fear of a specific object, situation, or activity.

-phagia

A suffix related to eating or swallowing, often used in terms identifying disorders related to difficulties in swallowing.