The public companies whose financial statements we examine are best described as which component of the accounting measurement system?
A) An object to be measured
B) A rule for measuring objects
C) A user decision model
D) A verifier
E) Standard-setters

Question

Quizplus · Accepted Answer

Public companies whose financial statements are examined are the objects to be measured in the accounting measurement system. They are the entities whose financial performance and position are being quantified through accounting measurements.

The Public Companies Whose Financial Statements We Examine Are Best