Business
07.11.2020 19:18
197
377
10
Solved by an expert

Which of the following is the objective of financial reporting? to provide information:

Which of the following is the objective of financial reporting? to provide information: a. used to identify, measure, analyze and communicate financial information needed by management to plan, control and evaluate a company’s operations. b. that defines the process of how and at what cost money is allocated among competing interests. c. about the reporting entity that is useful to present and potential equity investors, lenders, and other creditors. d. about the management and shareholders of an enterprise.
Show Answers
ghernadez
ghernadez
4,5(83 marks)

The correct answer is "C. about the reporting entity that is useful to present and potential equity investors, lenders, and other creditors.".

Explanation: According to the IASB The purpose of financial information is to provide financial information about an entity to be useful to existing and future investors, lenders and other creditors to facilitate decision making.

shadoris26
shadoris26
4,7(1 marks)

A( 0, 2), B (2, 5), and C (−1, 7)

Part A

The length sides of the triangle are

AB , AC and BC

For AB A( 0, 2), B (2, 5)

| AB | = √ ( 2 - 0)² + ( 5 - 2)²

= √ 2² + 3² = √ 4 + 9

= √13 units

For AC A( 0, 2), C (−1, 7)

| AC | = √ ( - 1 - 0)² + (7-2)²

= √1 + 5² = √ 1 + 25

= √ 26 units

For BC B (2, 5), C (−1, 7)

| BC | = √ ( - 1 - 2)² + (7-5)²

= √ (-3)² + 2² = √ 9 + 4

= √13 units

Part B.

For AB A( 0, 2), B (2, 5)

Slope = 5 - 2 / 2 - 0 = 3/2

For AC A( 0, 2), C (−1, 7)

Slope = 7-2/ -1-0 = 5/-1 = - 5

For BC B (2, 5), C (−1, 7)

Slope = -1-2/7-5 = -3/2

Part C

The triangle is an isosceles triangle since two sides | AB | and | BC | are equal that's they both have √13units.

Hope this helps you

Popular Questions about the subject: Business

Which job could you attend a trade school to pursue? a. dentist b. college...
Business
29.06.2022 02:26
What are folders within folders called...
Business
29.09.2020 08:47
Which is the primary factor taken into consideration during distribution...
Business
07.10.2021 07:57
Which of the following is not one of the three key economic questions?...
Business
20.09.2021 10:23
Division of labor improves efficiency on the job because it uses the...
Business
27.07.2022 23:08

New questions by subject

1) Esses textos têm em comum o fato de * 1 ponto A) serem textos informativos....
World Languages
27.10.2022 03:24
(True/False). In an ID column with the data type INTEGER PRIMARY KEY,...
Computers and Technology
15.01.2023 00:17
1. Rajah 4.23 menunjukkan sebuah pengukus elektrik. Terangkan bagaimana...
Physics
17.02.2022 08:06
I need help I really don’t understand this question...
English
14.01.2020 07:51
Describe the solution to the inequality. r –3...
Mathematics
08.12.2022 21:09
#
#
#
#
# #

We expand our knowledge with many expert answers