Providing accounting reports to external users costs large organisations:
A)nothing,as all charges are reimbursed by the government.
B)very little,as the reports are quite simple to produce.
C)varying amounts depending on the year in question.
D)a significant amount.

Question

Quizplus · Accepted Answer

Providing accounting reports to external users costs large organizations a significant amount because it involves collecting, collating, analyzing, and presenting financial data in a comprehensive and understandable format, requiring significant time, effort, and resources. Additionally, organizations may need to invest in specialized software and hire trained professionals to ensure the accuracy and integrity of the information presented.

Providing Accounting Reports to External Users Costs Large Organisations