Which of the following activities is NOT associated with the financial accounting information system?
A)reporting on the cost of quality
B)reporting to the provincial securities commission
C)preparing reports for the CRA
D)preparing a statement of cash flows

Question

Quizplus · Accepted Answer

Reporting on the cost of quality is typically associated with managerial accounting, not financial accounting. Financial accounting focuses on providing information to external users, such as investors, regulators, and tax authorities, through financial statements and reports.

Which of the Following Activities Is NOT Associated with the Financial