Please answer all 6 questions completely for me. Thank you.

1.Which accountants focus primarily on information used internally by the organization?

a. Public accountants

b.Financial accountants

c. Tax accountants

d. Auditors

e. Managerial accountants

2.FASB is concerned with making sure that everyone using financial reports is

a. working with accountants.

b. "on the same page."

c. in search of fraudulent entries.

d. a public accountant.

3.Which of the following is true about accounting?

a. It maximizes expenses.

b. It's not run by a federal agency.

c. It involves judgment.

d. It's rarely ever done correctly.

e. It is a simple process.

4.The value of the owners' interests is the same as

a. short-term liabilities.

b. equity.

c. revenue minus costs.

d. liabilities minus assets.

e. profits plus revenue.

5.The balance sheet should be thought of as the ____ of the organization.

a. snapshot

b. transaction recording

c. bottom line

d. profits and loss statement

e. clip

6.The "bottom line" on an organization's financial status is found on the

a. cash flow statement.

b. income statement.

c. balance sheet.

d. budget.

e. cash receipt.