please assist me

Question 15

Not yet answered

Marked out of 1

Flag question

Question text

what is the term that describes the process of identifying measuring and communicating financial information about an economic entity to various user groups

a.

Managerial accounting

b.

Financial accounting

c.

Cost accounting

d.

Financial statement

Clear my choice

Question 16

Not yet answered

Marked out of 1

Flag question

Question text

Which of the following is NOT one of the four basic financial statements

a.

Trial Balance

b.

Balance Sheet

c.

Cash Flows Statement

d.

Income Statement

Clear my choice

Question 17

Not yet answered

Marked out of 1

Flag question

Question text

Which of the following user groups consists of individuals who expect to receive a return on their investment

a.

Investors

b.

Suppliers and customers

c.

Employees

d.

Creditors

Clear my choice

Question 18

Not yet answered

Marked out of 1

Flag question

Question text

Which party provides assurance that the financial statements prepared by management fairly present the financial position and performance of the company

a.

Regulators

b.

Internal auditors

c.

External auditors

d.

Investors

Clear my choice

Question 19

Not yet answered

Marked out of 1

Flag question

Question text

Which comprehensive body of accounting principles and standards are followed in Belize

as we have seen from our local annual

a.

FASB

b.

US GAAP

c.

ICAB

d.

IFRS

Question 20

Not yet answered

Marked out of 1

Flag question

Question text

Which of the following types of information is NOT a focus of the primary objective of financial reporting

a.

information that helps an investor form an opinion about a company's future cash flows

b.

information that helps a banker to decide whether to provide a loan

c.

information that helps a creditor evaluate the amount and timing of cash flows of its customers

d.

information that helps a manager assess the efficiency and effectiveness of operations

Clear my choice