Date: me: 1. Olga owns a business and is reviewing her company's current financial statements. As a user of accounting information, Olga is most interested in using this information to A) evaluate credit risk approve new issues of stocks and bonds evaluate tax liabilities plan and control B) C) 2. activities focus on providing valuable assets to a business. Investing B) Marketing c) Selling D) Operating 3. Raphael works as a tax accountant at a mid-sized manufacturing company. Raphael would be considered a A) management consultant ) management accountant C) public accountant D) government accountant 4. The rules followed by accountants when preparing financial statements are referred to as Generally Accepted Accounting Practices (GAAP) B) Financial Accounting Standards Board (FASB) C) the accounting process D) the accounting system 5. Which of the following represents the basic accounting equation? A) Assets+ Liabilities-Owners Equity B) Liabilities Assets+ Owners' Equity Assets Liabilities + Owners Equity D) Owners' Equity- Liabilities Assets