Which of the following organisations may use financial statements?
1)Australian Taxation Office
2)A church congregation
3)A university
A) 1 and 2 only
B) 2 and 3 only
C) 1 and 3 only
D) 1, 2 and 3

Question

Which of the following organisations may use financial statements?
 1)Australian Taxation Office
2)A church congregation
3)A university
A) 1 and 2 only
B) 2 and 3 only
C) 1 and 3 only
D) 1, 2 and 3

Quizplus · Accepted Answer

All listed organizations, including the Australian Taxation Office, a church congregation, and a university, may use financial statements for various purposes such as financial analysis, reporting, and decision-making.

Which of the Following Organisations May Use Financial Statements