Question

Objectives of financial reporting to external investors and creditors include preparing information about all of the following except: Multiple Choice Information used to determine which products to produce. Information about economic resources, claims to those resources, and changes in both resources and claims. Information that is useful in assessing the amount, timing, and uncertainty of future cash flows. Information that is useful in making investment and credit decisions.

Answer 1

Answer:

Information used to determine which products to produce

Explanation:

Determination of products whose production is not yet decided is a managerial issue, and it is part of internal information that should be not delivered to external parties. Furthermore, this data usually is not accurate, so sharing outside would not be even recommended for this sole reason.