Types of Accounting Video Lessons

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Problem: The major objective of financial reporting is to provide: a. essential information to internal users of financial reports. b. useful economic information about the business to help external parties make sound financial decisions. c. information to internal users about the cash position of the business. d. information to the IRS and the Securities Exchange Commission (SEC).

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Problem Details

The major objective of financial reporting is to provide:

a. essential information to internal users of financial reports.

b. useful economic information about the business to help external parties make sound financial decisions.

c. information to internal users about the cash position of the business.

d. information to the IRS and the Securities Exchange Commission (SEC).

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