Financial Accounting Focuses Primarily on Reporting

question 32

Multiple Choice

Financial accounting focuses primarily on reporting:

• A)to parties outside of an organization.
• B)to parties within an organization.
• C)to an organization's board of directors.
• D)to the Vice President of Finance.
• E)on behalf of financial institutions.

---

Definitions:

Files

Digital containers used to store, organize, and manage data or information on a computer or electronic device.

Document

A piece of written, printed, or electronic matter that provides information or evidence or that serves as an official record.

App

Short for "application," a software program designed to execute specific tasks or functions for the user, often on a mobile device or within a web browser.

Extension

A small software tool that adds new functionality or extends the capabilities of existing software applications or browsers.