Question
18. The objective of accounting is to exact and true information to support the decision-making needs of financial statement users. Only, investors rely on financial
18. The objective of accounting is to exact and true information to support the decision-making needs of financial statement users. Only, investors rely on financial statements to provide insight into a company's financial condition and performance.
A. True
B. False: The objective of accounting is to provide relevant and timely information to support the decision-making needs of financial statement users.
C. False: Bankers, creditors, and investors all rely on financial statements to provide insight into a company's financial condition and performance.
D. both B and C
E. none of the above
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