the preparation of financial statements for people outside the firm (creditors, unions, suppliers, and…

the preparation of financial statements for people outside the firm (creditors, unions, suppliers, and others) is the goal of\nmultiple choice\nfinancial accounting.\nauditing.\ncost accounting.\nmanagerial accounting.

the preparation of financial statements for people outside the firm (creditors, unions, suppliers, and others) is the goal of\nmultiple choice\nfinancial accounting.\nauditing.\ncost accounting.\nmanagerial accounting.

Answer

Brief Explanations:

Financial accounting aims to prepare financial statements for external users like creditors, unions, and suppliers to provide an overview of a firm's financial position. Auditing is about examining financial statements for accuracy. Cost accounting focuses on internal cost - related information for decision - making. Managerial accounting is for internal management use.

Answer:

A. financial accounting