A primary objective of financial statements is to provide information to current and potential investors and creditors.

Name: A primary objective of financial statements is to provide information to current and potential investors and creditors.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Financial statements are intended to provide relevant and reliable information to investors and creditors to assist them in making informed decisions about providing resources to the entity.

A Primary Objective of Financial Statements Is to Provide Information