Which of the Following Statements Is True of Financial Accounting

question 146

Multiple Choice

Which of the following statements is true of financial accounting?

• A)It provides information to investors needed for their investment decisions.
• B)It provides future focused information needed for managing and delegating operations.
• C)It focuses on detailed reports for parts of the company rather than the whole company.
• D)It focuses on planning,directing and controlling day-to-day operations.

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