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please answers questions a,b,c and d Quebec military music festival Rgis Labeaume asked to see the financial statements of the Military Music Festival from Quebec.

please answers questions a,b,c and d
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Quebec military music festival Rgis Labeaume asked to see the financial statements of the Military Music Festival from Quebec. Struggling with a deficit, the festival will not take place in 2014. An ironic situation at a time when the City of Quebec wants to promote military history. "I asked to see their financial statements. I want to see what it is, because in terms of attractiveness, there was of the world who were going to see it. I want to know why they are running out of money, said the vice- president of the executive committee and advisor responsible for heritage. Julie Lemieux, for his part announced that a meeting is scheduled with the organizers of Military music festival "very soon" to talk about the situation. But for now, nothing suggests that the wind could turn for 2014. Everything seems to indicate that the efforts will be put on for a possible come back in 2015 Work to do a) In your opinion, what is the legal form of the Quebec City Military Music Festival? and according to which accounting framework should managers prepare their statements financial? b) What is the financial statement that will be most useful for Mayor Rgis Labeaume to get an answer to his questioning? Explain your choice. (2 points) c) What are the qualities of the financial information sought? Explain why these qualities are important. (4 points) d) Would it be possible for Mr. Labeaume and Ms. Lemieux to find answers to their questions if they consulted the internal accounting reports of the Festival? What would be the difference from published financial statements? (3 points)

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