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plz answer these 3 questions and I will give thumbs up Question 11 1 pts Which of the following statements about financial accounting is true?
plz answer these 3 questions and I will give thumbs up
Question 11 1 pts Which of the following statements about financial accounting is true? O Financial accounting helps reduce information imbalances between company insiders and company outsiders. Financial accounting helps solve agency problems between capital providers and investment advisers. O Financial accounting is catered to all user groups, including managers, tax authorities, and investors. O two of the fundamental qualitative characteristics of financial accounting are mathematical concision and relevance. Question 8 1 pts According to the FASB, useful accounting information must have two primary characteristics. They are: O comparability and relevance. O relevance and faithful representation. relevance and computational representation. O faithful representation and understandability. Question 5 1 pts Which of the following transactions will increase stockholders' equity? O The company makes a payment on account. O The company purchases equipment. O The company pays a dividend to its shareholders. O The company issues common stock to new shareholdersStep by Step Solution
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