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Usting-system-would-be-used-by-manufacturers-of-custom-mad g s Take a Test-harris atz-Google Chrome t pages Secure l https://www.math.com/Student/PlayerTesta pitestid tase4818 cent ACCT 2210*02 Prin. of Acct 2 (Fall 17) Test: ACCT 2210 02 FINAL EXAM This Question: 2 pts 30t 23 (6 complete) Which of the following statements is true of financial accounting? 0 A. It provides information to investors needed for their investment decisions O B. It focuses on planning directing and controlling day-to-day operations O C. It focuses on detailed reports for parts of the company rather than the whole company D· It provides future focused information needed for managing and delegating operados Click to select your answer

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answer is a It provides information to investors needed for their investment decisions since objective of financial accounting is

To provide financial information about the reporting entity that is useful to existing and potential investors, lenders and other creditors in making decisions about providing resources to the entity.

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