Question: Financial reporting: Multiple Choice is designed primarily for internal planning, control, and decision-making purposes. includes detailed notes and other disclosures about a company's past performance.

Financial reporting: Multiple Choice is designed primarily for internal planning, control, and decision-making purposes. includes detailed notes and other disclosures about a company's past performance. is designed primarily to meet the needs of banks, taxing authorities, and other Governmental regulatory bodies such as the SEC. is future oriented in nature, with detailed disclosures about a company's operating plans to allow investors to make accurate earnings projections

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