Financial accounting is
the field of accounting concerned with external users of a company's financial information.
the rules and procedures governing the content and form of financial reports.
a systematic examination of a company's accounting system to determine whether its financial reports fairly represent its operations.
a bookkeeping system that balances the accounting equation by recording the dual effects of every financial transaction.
a field of accounting that serves internal users of a company's financial information.

Question

Quizplus · Accepted Answer

The Answer of Financial accounting is
the field of accounting concerned with external users of a company's financial information.
the rules and procedures governing the content and form of financial reports.
a systematic examination of a company's accounting system to determine whether its financial reports fairly represent its operations.
a bookkeeping system that balances the accounting equation by recording the dual effects of every financial transaction.
a field of accounting that serves internal users of a company's financial information.

Financial Accounting Is the Field of Accounting Concerned with External Users of a Users