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Which of the following statements regarding the importance of information provided by accounting to investors and creditors is NOT correct? Question 6 Answer a .
Which of the following statements regarding the importance of information provided by accounting to investors and creditors is NOT correct? Question Answer a It determines the share prices and lending portfolios for investors and creditors. b It helps investors and creditors assess the relative risks and returns of investment opportunities. c It allows investors and creditors to compare income and assets of companies. d It helps investors and creditors channel their resources more effectively.
Which of the following statements regarding the importance of information provided by accounting to investors and creditors is NOT correct?
Question Answer
a
It determines the share prices and lending portfolios for investors and creditors.
b
It helps investors and creditors assess the relative risks and returns of investment opportunities.
c
It allows investors and creditors to compare income and assets of companies.
d
It helps investors and creditors channel their resources more effectively.
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