Match each of the following terms with related explanations
-Financial accounting
A) Corporations with stock traded on public exchanges
B) The common form of business ownership used by lawyers and CPAs
C) Lenders of resources
D) Designed primarily for decision makers outside of the company
E) Elected by the shareholders to oversee management F. Owners of a corporation G. Securities and Exchange Commission H. Designed primarily for decision makers within the company

Question

Quizplus · Accepted Answer

Financial accounting is designed primarily for decision makers outside of the company, such as investors, creditors, and regulatory agencies, to provide them with information about the company's financial performance and position.

Match Each of the Following Terms with Related Explanations