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    Understanding Business
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    Exam 17: Understanding Accounting and Financial Information
  5. Question
    The Preparation of Financial Statements for People Outside the Firm
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The Preparation of Financial Statements for People Outside the Firm

Question 127

Question 127

Multiple Choice

The preparation of financial statements for people outside the firm (creditors, unions, suppliers, and others) is the goal of


A) auditing.
B) financial accounting.
C) managerial accounting.
D) cost accounting.

Correct Answer:

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