单选题 Which of the following best describes financial reporting and financial statement analysis? A. Financial reporting refers to how companies show their financial performance and financial analysis refers to using the information to make economic decisions. B. Financial reporting is performed by investors, creditors, and other interested parties. C. Financial reports assess a company' s past performance in order to draw conclusions about the company's ability to generate cash and profits in the future.

【正确答案】 A

【答案解析】Financial reporting refers to the way companies show their financial performance to investors, creditors, and other interested parties by preparing and presenting financial statements. The objective of financial statements, not analysis, is to provide information about the financial position, performance and changes in financial position of an entity that is useful to a wide range of users in making economic decisions.