_____ is the field of accounting that develops information for external decision makers such as stockholders, suppliers, banks, and government regulatory agencies.

Question

Quizplus · Accepted Answer

Financial accounting is the field of accounting that focuses on the development of information for external decision makers. It involves the preparation of financial statements, such as the balance sheet, income statement, and cash flow statement, which are used by stockholders, suppliers, banks, and government regulatory agencies to evaluate the financial health and performance of a company.

_____ Is the Field of Accounting That Develops Information for External