The quality of data obtained is unaffected by the format and layout of the questionnaire.

Which of the following statements is true of financial accounting?

A) It provides information to investors needed for their investment decisions. B) It provides forward-looking information needed for managing and delegating operations. C) It focuses on detailed reports for parts of the company rather than the whole company. D) It focuses on planning and controlling day-to-day operations.

Risk avoidance leads buyers to stay with the current vendor rather than switching

Indicate whether the statement is true or false