Multiple Choice
Which of the following are internal reports that accounting provides to internal users?
A) Forecasts of cash needs for next year but not financial comparisons of operating activity alternatives.
B) Financial comparisons of operating activity alternatives but not forecasts of cash needs for next year.
C) Both forecasts of cash needs and financial comparisons are internal reports.
D) Neither forecasts of cash needs nor financial comparisons are internal reports.
Correct Answer:

Verified
Correct Answer:
Verified
Q82: Which of the following statements is <b>true</b>?<br>A)Amounts
Q90: The retained earnings statement would <b>not</b> show<br>A)the
Q94: Barrow Company recorded the following cash transactions
Q101: A balance sheet shows<br>A) revenues, liabilities, and
Q127: Which of the following financial statements is
Q130: The financial statement that summarizes the changes
Q142: The purchase of equipment is an example
Q161: Retained earnings at the end of the
Q164: The management discussion and analysis (MD&A) section
Q200: The accounting equation can be expressed as