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e Window Help | i Times New Ron. ^ Bold Student: 1. External users of accounting

ID: 2336903 • Letter: E

Question

e Window Help | i Times New Ron. ^ Bold Student: 1. External users of accounting information include: A. Shareholders B. Customers C. Creditors D. Government regulators E. All of the above 2. The operating functions of a business include: A. Research and development C. Marketing D. Distribution E. All of the above 3. The private board that currently has the authority to establish U.S. generally accepted accounting principles is the: A. APB B. FASB D. AICPA E. SEC 4. The principle prescribing that financial statements reflect the assumption that the business will continue operating instead of being closed or sold, unless evidence shows that it will not continue is the: A. Going-concern principle B. Business entity principle C. Objectivity principle D. Cost Principle E. Monetary unit principle

Explanation / Answer

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As per chegg policy, only 4 subparts are allowed to answer, Please post balance in seperate question.

Please hit LIKE button if this helped. For any further explanation, please put your query in comment, will get back to you.

As per chegg policy, only 4 subparts are allowed to answer, Please post balance in seperate question.

1. External users of accounting information include: E. All of the above i.e. Shareholders,Customers, Creditors, Government Regulators 2. The operating functions of a business includeL E. All of the above i.e. Research and Development, Purchasing, Marketing, Distribution 3. The private board that currently has the authority to establish US Generally accepted accounting principles is the: B. FASB 4. Answer is A. Going Concern Principle
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