Those who use financial statements base their opinion about an economic entity on the:
A) Financial situation.
B) Cash generation.
C) Sales performance.
D) All of these.

Question

Quizplus · Accepted Answer

Those who use financial statements base their opinion on the financial situation, cash generation, and sales performance of the economic entity. Therefore, all of these choices are relevant in forming an opinion about the entity.

Those Who Use Financial Statements Base Their Opinion About an Economic