Knowledge Check $01$

Match the term and the definition.

$\backslash$table$[[$Emphasizes financial consequences of past transactions,$],[$Emphasizes companywide reports,$],[$Emphasizes timely and credible judgments, assumptions, and estimates,$],[$Must comply with rules,$],[$Serves the needs of those inside the organization,$],[$Emphasizes segmnet reports,$],[$Used for mandatory reports required by external parties,$]]$