Question: Two mcqs plz do fast 1. The primary objective of financial accounngis A. to help organizations keep track of financing activities B. to provide external

Two mcqs plz do fast

Two mcqs plz do fast 1. The primary objective of financial accounngis

1. The primary objective of financial accounngis A. to help organizations keep track of financing activities B. to provide external reports to help users analyze an organization's activities C. to help an organization define its ideas, goals, and action D. to help an organization to keep track of its buying and selling of resources E. to prepare budgets 2. The adoption of international accounting standards is an application of which of the following quality enhancing characteristics of financial information A. verifiability B. understandability C. timeliness D. comparability E. completeness

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