Question 3.2 There are different users of financial statements and each category of user has a certain desired objective and goal. Identify and briefly discuss the five users of financial information (10 1

Explain the usefulness of Financial statement information to the following stakeholders:   i. Financial Analyst ii. Employee iii. Debtors  iv .Government Agency y  s gency

Select the correct combination of similarity between accounting, finance and banking? i. Dealing with money ii. Having objective iii. End users use the services a.i and ii b.i, ii and iii c.Only iii d.i and iii Message @Ab_diii

Please I want answer for this question by your understanding and experience in this field and typing it. Thanks

Financial information have different group of users. Mention any six (6) groups of financial information users and briefly outline their information needs.

ivity 1. The study of notes to financial statements requires you to understand the things to be included in the notes. Using your knowledge on the above discussion, give three (3) examples of items to be presented in the notes to financial statements and explain the purpose and importance of such information to the users of information

10. Who are some the basic users of financial statements, why and how do they use them?

Multiple choice

MULTIPLE CHOICE. Choose the best answer among the following choices. 6. The financial statements should be stated in terms of a common financial denominator. A. Accrual B. Going Concern C. Time Period D. Stable Monetary Unit 7. The principle of objectivity includes the concept of A. Summarization B. Verifiability C. Classification D. Conservatism 8. The financial accounting information is directed toward the common needs of users and is independent of presumptions about particular needs and desires of specific users. A. Completeness B. Verifiability C. Relevance D. Neutrality 9. The attribute of relevance include ALL EXCEPT: A. Predictive value B. Feedback value C. Materiality D. Neutrality 10. The assumption that an entity will continue to operate for the foreseeable future is called A. Accrual basis B. Comparability C. Going concern D. Cash basis

Please answer if it is TRUE or FALSE.