Final answer:
Financial accounting is aimed at providing investors with information to assess a company's financial health, as it reports historical financial data and not forward-looking projections. It is less concerned with planning or controlling operations, which are managerial accounting roles, and does not typically offer detailed reports on specific company parts.The correct option is C.
Step-by-step explanation:
The correct statement about financial accounting is that C) Financial accounting is oriented towards helping investors make decisions. Financial accounting provides historical financial information through financial statements like the balance sheet, income statement, and cash flow statement, which are essential for investors to assess the financial health and performance of a company.
Financial accounting is not primarily forward-looking, as it mostly deals with the recording and reporting of past financial transactions. It also isn't focused on planning and controlling operations, as this is more aligned with managerial accounting. Moreover, financial accounting doesn't provide detailed reports on parts of the company but rather presents a holistic view of the company's financial situation.