Which of the Following Is the Primary Focus of Financial

question 179

Multiple Choice

Which of the following is the primary focus of financial accounting?

• A) providing information that managers need to make operational decisions
• B) providing summarized information on operational results to investors and creditors
• C) providing information to managers to assist in planning, directing and controlling operations
• D) providing highly detailed information on product lines, regions, and divisions

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Definitions:

Key Point

The most important or central idea of a discussion, presentation, or piece of writing.

Bullet Points

A list format used to present information or ideas in a concise and easy-to-read manner.

Highlight Or Italicize

Techniques used in writing to emphasize certain text, with highlighting often involving a bright color and italicizing slanting the text.

Readability Of Your Business Messages

The ease with which your audience can understand and interpret the messages conveyed by your business communications.