The primary focus for financial accounting information is to provide information useful for:
A)Option a
B)Option b
C)Option c
D)Option d

Question

The primary focus for financial accounting information is to provide information useful for: 
A)Option a 
B)Option b 
C)Option c 
D)Option d

Quizplus · Accepted Answer

Financial accounting information is primarily used by external stakeholders such as investors, creditors, and regulators to make informed decisions. Therefore, providing information useful for decision-making by external parties is the primary focus of financial accounting.

The Primary Focus for Financial Accounting Information Is to Provide