Accounting for IGCSE & O level - Advanced Principles (Section 2 - No. 2)
Which statement is correct regarding the information for a business?
Financial information from the accounts of the business will not tell you much about financial strength.
Financial information from the accounts of the business will tell you about financial strength.
Financial information does not provide much information
Financial information is irrelevant.
Explanation
Financial information from the accounts of the business will tell you much about the business strength.
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