Accounting for IGCSE & O level - Preparation Of Financial Statements (Section 2 - No. 32)
Which of these is the main objective of financial statements?
To show the company's expenses.
To show the company's performance over the period.
To calculate the debt the company has.
To show the company's investments.
Explanation
The primary objective of financial statements is to provide a company's performance over a set time.
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