Question

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.

Answer 1

Answer:

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 .