Financial accounting should provide information that:_______.
a. helps to predict cash flows accurately.
b. predicts future income.
c. predicts a company's future tax obligation.
d. tells about economic resources, claims to resources, and changes in resources and claims is useful to investors and creditors in making decisions

Question

04-02-2020
Business

contestada

Financial accounting should provide information that:_______.
a. helps to predict cash flows accurately.
b. predicts future income.
c. predicts a company's future tax obligation.
d. tells about economic resources, claims to resources, and changes in resources and claims is useful to investors and creditors in making decisions

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henrydesanta henrydesanta · Answer 1 · 2020-02-15T04:30:43+01:00

Answer:

The answer is d. tells about economic resources, claims to resources, and changes in resources and claims is useful to investors and creditors in making decisions.

Explanation:

Financial reporting at its core, is a "language". It ensures that the investors and all stakeholders are provided with relevant and accurate information regarding a business or an institution. So that they can take effective and efficient economic decisions that will eventually benefit the entire economy.