Question

The primary focus of financial accounting information is to provide useful information for users to make:

Investing Decisions
Credit Decisions

1. No No
2. No Yes
3. Yes No
4. Yes Yes

Answer 1

The primary focus of financial accounting information is to provide useful information for users to make investing decisions and not credit decisions.

Step-by-step explanation:

The primary focus of financial accounting information is to provide useful information for users to make: Investing Decisions Credit Decisions

1. No No
2. No Yes
3. Yes No
4. Yes Yes

The correct answer is 3. Yes No. Financial accounting provides information about a company's financial performance and position, which is valuable for making investing decisions. However, it does not directly provide information for credit decisions, which involve assessing a borrower's creditworthiness and ability to repay debt.