Financial statements are the principal means through which financial information is communicated to those outside an enterprise.

Name: Financial statements are the principal means through which financial information is communicated to those outside an enterprise.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Financial statements provide an overview of an enterprise's financial performance and position and are the primary means of communicating financial information to external stakeholders such as investors, creditors, and regulatory bodies.

Financial Statements Are the Principal Means Through Which Financial Information