Question 10 The preparation of financial reports on the enterprise for use by both internal and external parties is called: OA Managerial accounting. OB Auditing. OC. Tax accounting. OD. Financial accounting. Question 9 OA. All of the following statements are objective of financial reporting, except: Provide information that is useful in assessing cash flow prospects. Provide information about enterprise resources, claims to those resources, and changes to them. Provide information that is useful in investment and credit decisions. OD. Provide information on the liquidation value of an enterprise. OB. OC