Please answer all 6 questions completely for me. Thank you.1.Which accountants focus primarily on information used internally by the organization?a. Public accountantsb.Financial accountantsc. Tax accountantsd. Auditorse. Managerial accountants2.FASB is concerned with making sure that everyone using financial reports isa. working with accountants.b. "on the same page."c. in search of fraudulent entries.d. a public accountant.3.Which of the following is true about accounting?a. It maximizes expenses.b. It's not run by a federal agency.c. It involves judgment.d. It's rarely ever done correctly.e. It is a simple process.4.The value of the owners' interests is the same asa. short-term liabilities.b. equity.c. revenue minus costs.d. liabilities minus assets.e. profits plus revenue.5.The balance sheet should be thought of as the ____ of the organization.a. snapshotb. transaction recordingc. bottom lined. profits and loss statemente. clip6.The "bottom line" on an organization's financial status is found on thea. cash flow statement.b. income statement.c. balance sheet.d. budget.e. cash receipt.



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