Financial statements are the major means of communicating accounting information to interested parties.

Name: Financial statements are the major means of communicating accounting information to interested parties.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

Financial statements are the primary tool for presenting and communicating accounting information to external users who are interested in a company's results of operation, financial position, and cash flows.

Financial Statements Are the Major Means of Communicating Accounting Information