Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the primary objective of financial accounting is t

The primary objective of financial accounting is to ...

90.2K

Verified Solution

Question

Accounting

The primary objective of financial accounting is to

provide information about a business to internal parties.

provide information about a business future business strategies.

provide useful economic information about a business to external decision makers.

provide predictions of future stock price.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

You wish to test the following claim (H1) at a significance level of α=0.02.       Ho:μ=52.5       H1:μ<52.5 You believe the...

Biology
1.2K views

1. What is microevolution? 2. Explain through the process of microevolution how natural selection produces adaptations while...

Mechanical Engineering
1.2K views

1.a Show that you understand what element distortion is by explaining the general problem caused by...

Advance Math
1.2K views

use bisection to find the real root x = sin(x) + 1 with the initial guesses...

General Management
1.2K views

Explain the concept of Virtual Network Structure and provide examples.

Basic Math
1.2K views

The standard deviation of a probability distribution is 85, and using the 68-95-99.7 rule, about...

Accounting
1.2K views

QUESTION ONE [40] Zek Lid assembles heavy industrial switchboxes. Hitherto, Zek...

Accounting
1.2K views

Joyner Company's income statement for Year 2 follows: Sales Cost of goods sold Gross margin...

Accounting
1.2K views

\table[[Account Title,Debit,Credit],[Cash,$18,000,],[Supplies,11,800,],[Prepaid insurance,2,000,],[Equipment,23,000,],[Accumulated depreciation-Equipment,,$6,500 \table[[Number,Account Title,Debit,Credit],[101,Cash,$18,000,],[126,Supplies,11,800,],[128,Prepaid insurance,2,000,],[167,Equipment,23,000,],[168,Accumulated depreciation-Equipment,,$ 6,500],[307,Common stock,,1,582],[318,Retained earnings,,41,600],[319,Dividends,6,000,],[403,Services revenue,,47,760],[612,Depreciation...

Accounting
1.2K views

The following income statement and balance sheets for Virtual Gaming Systems are provided. VIRTUAL GAMING...

Accounting
1.2K views

Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California...

Accounting
1.2K views

Paola exercised an incentive stock option on March 1, 2016. She acquired 2,000 shares of...