The information provided by financial reporting pertains to A. individual business enterprises, industries, and an economy as a whole, rather than to members of society as consumers. B. an economy as a whole and to members of society as consumers, rather than to individual enterprises or industries. C. individual business enterprises, rather than to industries or an economy as a whole or to members of society as consumers. D. business industries, rather than to individual enterprises or an economy as a whole or to members of society as consumers.

Question

Daniella White

Business

19 January, 23:25

The information provided by financial reporting pertains to A. individual business enterprises, industries, and an economy as a whole, rather than to members of society as consumers. B. an economy as a whole and to members of society as consumers, rather than to individual enterprises or industries. C. individual business enterprises, rather than to industries or an economy as a whole or to members of society as consumers. D. business industries, rather than to individual enterprises or an economy as a whole or to members of society as consumers.

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Answers (1)

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Davian Pratt · Answer 1

C. individual business enterprises, rather than to industries or an economy as a whole or to members of society as consumers.

Explanation:

Financial Reports -

Also called the financial statement, it is a formal record of a person, business or any other entity, about its financial activities.

All the financial information is presented in a structured and concise manner.

A financial report composed of a balance sheet, an income statement, equity statement and a cash flow statement.