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1. Which of the following users of financial performance information is primarily interested in compliance with regulations? a. Stockholders (owners) b. Government Entities (IRS, SEC,

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1. Which of the following users of financial performance information is primarily interested in compliance with regulations? a. Stockholders (owners) b. Government Entities (IRS, SEC, etc) c. Creditors d. Local Chamber of Commerce 2. Under normal conditions which financial statement must be prepared last in order to close out the accounting period. a. Balance Sheet b. Statement of Cash Flows c. Income Statement 3. Which of the following examples is an appropriate date line for a balance sheet? a. December 31, 2022 b. For the month ended December 31, 2022 c. For the Year Ended December 31, 2022 d. January 1 through December 31,2022

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