You are watching: Which of the following statements is true of financial accounting
d.All of these choices are correct.
b.Financial accounting is directed towards external users.
Firms issue the financial statemnet to give information to world outsidethe firm. Their ends is to indevelop 3rd parties about the organization performance
a.Financial audit is topic to externally implemented rules.
Because, are done to provide indevelopment to 3rd parties the financial statement are topic to imposed rules of control and also board entities
c.Financial accountancy is able to administer audited, objective financial information
They aim to carry out indevelopment advantageous for the decision making related to the firm
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