Complete the following sentences with appropriate words:
(a) Information in financial reports is based on
transactions,
(b) Internal users are the
of the business entity.
(c) A....
....... would most likely use an entities financial report to determine
whether or not the business entity is eligible for a loan.
(d) The Internet has assisted in decreasing the ...
in issuing financial
reports to users,
(e)
...... users are groups outside the business entity, who uses the
informatica to make decisions about the business entity.
(1) Information is said to be relevent if it is
(g) The process of accounting starts with ............ and ends with ....
(h) Accounting measures the business transactions in terms of
units.
(i) Identified and measured economic events should be recording in
order.
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