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Questions and Answers
What is the main reason why investors want to know the ability of the business to repay debts?
What is the main reason why investors want to know the ability of the business to repay debts?
- To evaluate the business's environmental impact
- To ensure the business can expand its operations
- To determine the business's tax liability
- To assess the business's creditworthiness (correct)
Why are investors interested in accounting information?
Why are investors interested in accounting information?
- To determine the market value of the business
- To evaluate the business's ability to repay debts (correct)
- To know the profitability of the business
- To assess the management's decision-making skills
What is the primary interest of investors when it comes to accounting information?
What is the primary interest of investors when it comes to accounting information?
- To determine the business's financial performance (correct)
- To evaluate the business's social responsibility
- To assess the business's competitive advantage
- To understand the business's marketing strategies
Who has the legal obligation to keep the books of accounts and submit financial statements to the Companies Commission of Malaysia?
Who has the legal obligation to keep the books of accounts and submit financial statements to the Companies Commission of Malaysia?
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What is the role of the Companies Commission of Malaysia in relation to financial statements?
What is the role of the Companies Commission of Malaysia in relation to financial statements?
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What is the purpose of keeping books of accounts and submitting financial statements to the Companies Commission of Malaysia?
What is the purpose of keeping books of accounts and submitting financial statements to the Companies Commission of Malaysia?
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