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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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