Three major areas of concern when providing financial information to the larger investing community are language, currency, and

Question

Eddi Din [679]

3 years ago

5

Three major areas of concern when providing financial information to the larger investing community are language, currency, and

the ________ on which financial statements are based.

Business

1 answer:

Arte-miy333 [17] · Answer 1 · 2022-01-21T03:59:19+03:00

Answer:

The correct answer is letter "B": exchange rates.

Explanation:

Financial Statements are a picture of the company's financial health for a given period of time at a given point in time. The Financial Statements provide a collection of data about a company's financial performance, its current conditions and its cash flows.

When providing the Financial Statements to investors, the <em>language, currency, </em>and <em>exchange rate </em>of the transactions of the firm are the main areas that concern the potential stockholders.