Which of the following is not a consequence to a company resulting from the issuance of their financial statements?
Posted: Sat Aug 07, 2021 7:00 am
A) The effect on the selling price of their stock.
B) The providing of information to their competitors.
C) The effect of bonus payments to its employees.
D) The providing of information to their auditors.
Answer: D
Explanation: Providing information to their auditors is a step towards the issuance of a
company's financial statements and not a consequence of issuing their financial statements.
B) The providing of information to their competitors.
C) The effect of bonus payments to its employees.
D) The providing of information to their auditors.
Answer: D
Explanation: Providing information to their auditors is a step towards the issuance of a
company's financial statements and not a consequence of issuing their financial statements.