Question: This chapter has been largely devoted to discussing financial reports. Every day, most people listen to, or read, news reports on radio, television, the internet,

This chapter has been largely devoted to discussing financial reports. Every day, most people listen to, or read, news reports on radio, television, the internet, or in newspapers. Do you see financial reporting as similar to, or different from, regular news reports with regard to:

A. Whether the reader is expected to use the information to make a decision?

B. Whether the reader is expected to need to be entertained, or whether the reader is already paying attention?

C. Whether the reader is able to understand complex ideas?

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