A stockholder in a corporation would use ___ to learn about the company.
A) financial accounting information
B) managerial accounting information
C) not-for-profit accounting information
D) both A and C

Question

Quizplus · Accepted Answer

Financial accounting information is used to communicate the financial position and performance of a company to external users such as stockholders, creditors, and investors. This information can be found in financial statements such as the balance sheet, income statement, and statement of cash flows. Not-for-profit accounting information is not relevant for stockholders as it pertains to organizations that do not aim to make a profit, and managerial accounting information is used for internal decision-making purposes by managers and is not typically provided to external users such as stockholders.

A Stockholder in a Corporation Would Use ___ to Learn