Answered: General-purpose financial statements…

General-purpose financial statements are prepared primarily for: a. internal users. b. external users. c. auditors. d. government regulators.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter1: Quality Auditing: Why It Matters

Section: Chapter Questions

Problem 3CYBK

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Question

General-purpose financial statements are prepared primarily for:

a. internal users.

b. external users.

c. auditors.

d. government regulators.

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