GB 518 RANK Extraordinary Life/gb518rank.com GB 518 RANK Extraordinary Life/gb518rank.com | Page 16

Office Equipment Sales Salaries Payable Dividends Sales Salaries Expense
To provide financial statements to help external users analyze and interpret an organization ' s activities
To monitor and control company activities
To provide information on both the costs and benefits of managing products and services
To know what, when and how much to produce Question 9. Question: The debt ratio is used:
to the expenses
company ' s debts
To measure the amount of equity relative
To reflect the risk associated with a

Office Equipment Sales Salaries Payable Dividends Sales Salaries Expense

Question 8.

Question:

The primary objective of financial

accounting is:

To serve the decision-making needs of

internal users

To provide financial statements to help external users analyze and interpret an organization ' s activities

To monitor and control company activities

To provide information on both the costs and benefits of managing products and services

To know what, when and how much to produce Question 9. Question: The debt ratio is used:

to the expenses

company ' s debts

To measure the amount of equity relative

To reflect the risk associated with a