Financial accounting:
A)focuses on the future and includes activities such as preparing next year's operating budget.
B)does not need to comply with GAAP (generally accepted accounting principles).
C)is primarily oriented to external stakeholders, such as investors, creditors, regulators and tax authorities.
D)is prepared for the use of department heads and other employees.

Question

Quizplus · Accepted Answer

The Answer is C

Financial Accounting