The information provided by financial reporting pertains to __________.a. individual business enterprises, rather than to industries or an economy as a whole or to members of society as consumersb. business industries, rather than to individual enterprises or an economy as a whole or to members of society as consumersc. individual business enterprises, industries, and an economy as a whole, rather than to members of society as consumersd. an economy as a whole and to members of society as consumers, rather than to individual enterprises or industries

Question

20-01-2020
Business

contestada

The information provided by financial reporting pertains to __________.a. individual business enterprises, rather than to industries or an economy as a whole or to members of society as consumersb. business industries, rather than to individual enterprises or an economy as a whole or to members of society as consumersc. individual business enterprises, industries, and an economy as a whole, rather than to members of society as consumersd. an economy as a whole and to members of society as consumers, rather than to individual enterprises or industries

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BenitoMarin BenitoMarin · Answer 1 · 2020-01-21T16:54:49+01:00

Answer:

The correct answer is letter "A": individual business enterprises, rather than to industries or an economy as a whole or to members of society as consumers.

Explanation:

Financial Reporting is the disclosure of the financial information of a company given an accounting period exclusively to its stakeholders. The information provided is helpful to make them aware of what the economic and financial situation of the firm is and how it has changed between one period.