Accounting 0452 · IGCSE · Interested parties

Interested parties — practice question

Rikado gave up his work as a machine operator in order to launch his own manufacturing business. Why did he want to examine his financial statements at the end of the first year of trading?

  • Ato ascertain the market value of the non-current assets
  • Bto check if all the transactions had been recorded
  • Cto find out about job satisfaction among the workers
  • Dto see if the profit was greater than his previous earnings

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