The Reports and Financial Statements Prepared by Accountants

Multiple Choice

The reports and financial statements prepared by accountants:

A) Are more useful for profit-seeking businesses than they are for not-for-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) Are not as useful now that firms have moved into a more global environment.