Question 8. Question :
accounting is:
The primary objective of financial
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 measure the amount of equity relative
to the expenses
To reflect the risk associated with a
company's debts
Only by banks when a business applies
for a loan