The Purpose of Financial Statements Contained in Annual Reports Is

Multiple Choice

The purpose of financial statements contained in annual reports is to

A) Communicate information about the financial health of a company to external users.
B) Assist internal managers in making pricing decisions.
C) Both communicate information about the financial health of a company to external users and assist internal managers in making pricing decisions.
D) Neither communicate information about the financial health of a company to external users nor assist internal managers in making pricing decisions.