1) The objectives of financial reporting include helping users to assess future cash flowsGroup of answer choices True False 2) Consistency means that a company uses the same accounting principles and methods from year to year Group of answer choices True False 3) The going concern assumption assumes that the business will continue in operation long enough to carry out its existing objectives Group of answer choices True False 4) The full disclosure principle dictates that circumstances and events that make a difference to financial statement users be disclosed Group of answer choices True False 5) An expense paid with cash would result in an equal decrease in liabilities and stockholders' equity Group of answer choices True False 6) Firms that conduct their operations in more than one country through subsidiaries or branches in foreign countries are referred to as multinational corporations Group of answer choices True False faster please time is going on the quiz