6
Question
As financial statements do not show aggregate information, it may not help the ________ in decision-making much.
As financial statements do not show aggregate information, it may not help the ________ in decision-making much.
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Solution
The correct option is B users
A financial statement
is a collection of data organised according to logical and consistent
accounting procedures. Its purpose is to convey an understanding of some
financial aspects of a business firm.
Financial statements
show aggregate information but not detailed information. Hence, they may not
help the users in decision-making much.
A financial statement is a collection of data organised according to logical and consistent accounting procedures. Its purpose is to convey an understanding of some financial aspects of a business firm.
Financial statements show aggregate information but not detailed information. Hence, they may not help the users in decision-making much.
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