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The Reports and Financial Statements Prepared by Accountants

Question 40

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.

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