People who purchased stock in Morgan Oil Exploration are most interested in its ____ reports.
A) managerial accounting
B) schedule of assets
C) tax accounting
D) financial accounting
E) cost accounting

Question

Quizplus · Accepted Answer

Stockholders are primarily interested in the financial performance of the company, which is reported through financial accounting. Managerial accounting is focused on internal decision making and planning, schedule of assets is a part of financial accounting, tax accounting is focused on compliance with tax regulations, and cost accounting is focused on analyzing the cost of producing goods or services.

People Who Purchased Stock in Morgan Oil Exploration Are Most