Which of the following statements are true? Please select all that apply.
A) Accounting data is presented in the form of numbers.
B) To be relevant, financial information must be capable of making a difference in the decisions made by users.
C) Accounting provides measures with which to assess the quality of an organization's performance.
D) Stewards are entrusted with and look after resources for the benefit of other parties.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements are true? Please select all that apply.
A) Accounting data is presented in the form of numbers.
B) To be relevant, financial information must be capable of making a difference in the decisions made by users.
C) Accounting provides measures with which to assess the quality of an organization's performance.
D) Stewards are entrusted with and look after resources for the benefit of other parties.

Which of the Following Statements Are True? Please Select All