The primary purpose of financial reporting is to provide useful and relevant information to the internal stakeholder's of the company.

Name: The primary purpose of financial reporting is to provide useful and relevant information to the internal stakeholder's of the company.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

The primary purpose of financial reporting is to provide useful and relevant information to both internal and external stakeholders, including investors, creditors, and regulators, to make informed decisions.

The Primary Purpose of Financial Reporting Is to Provide Useful