The Reports and Financial Statements Prepared by Accountants

Multiple Choice

The reports and financial statements prepared by accountants:

A) are much more useful for profit-seeking businesses than for non-profit organizations.
B) are mainly used to help the firm complete its tax forms.
C) provide information that can be used by decision-makers both inside and outside the organization.
D) have lost much of their relevance as firms have moved into a more global environment.