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The Primary Focus for Financial Accounting Information Is to Provide

Question 116

Multiple Choice

The primary focus for financial accounting information is to provide information useful for:  Investing decisions  Credit decisions  a.  Yes  Yes  b.  Yes  No  c.  No  Yes  d.  No  No \begin{array} { | l | c | c | } \hline & \text { Investing decisions } & \text { Credit decisions } \\\hline \text { a. } & \text { Yes } & \text { Yes } \\\hline \text { b. } & \text { Yes } & \text { No } \\\hline \text { c. } & \text { No } & \text { Yes } \\\hline \text { d. } & \text { No } & \text { No } \\\hline\end{array}


A) Investment decisions and credit decisions.
B) Investment decisions but not credit decisions.
C) Credit decisions but not investment decisions.

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