Which of the Following Statements Is False About Financial Accounting

question 148

Multiple Choice

Which of the following statements is false about financial accounting?

• A)Financial accounting helps investors make decisions.
• B)Financial accounting provides sufficient information for managers to effectively plan and control operations.
• C)Financial accounting reports help creditors make decisions.
• D)Financial accounting provides external reports.

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Definitions:

Job Satisfaction

The level of contentment employees feel regarding their job, encompassing aspects like work environment, duties, and compensation.

Performance

The act of carrying out or accomplishing an action, task, or function.

Organizational Citizenship Behaviour

Voluntary behaviors by employees that contribute to the overall effectiveness and environment of the organization.

Geert Hofstede

A Dutch social psychologist known for his research on cross-cultural groups and organizations, particularly for developing the cultural dimensions theory.