The Primary Objective of External Financial Reporting Is

question 99

Multiple Choice

The primary objective of external financial reporting is:

• A)to enhance the ability of the company to acquire financial capital from external sources.
• B)to accurately provide financial results for tax purposes.
• C)to comply with external regulations and requirements of government and professional associations.
• D)to provide useful information to decision makers,especially investors and creditors.

---

Definitions:

Male-Dominated

Describes a field or environment where men are overwhelmingly the majority, often possessing greater authority, power, or influence than women.

Consulting Firm

A business that provides expert advice to other companies or organizations in a specific field, such as management, technology, or finance.

The Personal is Political

A feminist slogan emphasizing that personal experiences are often rooted in larger social and political structures, thereby linking personal issues with broader societal and political questions.

Domestic Violence

Refers to abusive behaviors by one or both partners in an intimate relationship such as marriage, dating, family, or cohabitation.