Information provided by accounting is important because it enables investors and creditors to
A. compare income and assets of companies.
B. assess the relative risks and returns of investment opportunities.
C. channel their resources more effectively.
D. all of the above
Answer:D
Information provided by accounting is important because it enables investors and creditors to
A. compare income and assets of companies. B. assess the relative risks and returns of investment opportunities. C. channel their resources more effectively. D. all of the above