Question: The correct answer is not option A for sure. Which of the following statements about financial accounting is false? Financial accounting helps solve agency problems

The correct answer is not option A for sure.

Which of the following statements about financial accounting is false? Financial accounting helps solve agency problems between capital providers and company managers. Financial accounting primarily seeks to provide useful information to existing and potential investors, lenders, and other creditors. Financial accounting is catered to all user groups, including managers, tax authorities, and investors. Financial accounting helps reduce information imbalances between company insiders and company outsiders

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