Which Of The Following Is The Best Description Of Accounting'S Role In Business?

(Correct Answer Below)

Which Of The Following Is The Best Description Of Accounting'S Role In Business?

a. accounting provides stockholders with information regarding the market value of the company's stocks b. accounting provides information to managers to operate the business and to other users to make decisions regarding the economic condition of the company c. accounting helps in decreasing the credit risk of the company d. accounting is not responsible for providing any form of information to users. That is the role of the Information Systems Department
Front

Advertisement

b. accounting provides information to managers to operate the business and to other users to make decisions regarding the economic condition of the company

About the flashcard:

This flashcard is meant to be used for studying, quizzing and learning new information. Many scouting web questions are common questions that are typically seen in the classroom, for homework or on quizzes and tests. Flashcards vary depending on the topic, questions and age group. The cards are meant to be seen as a digital flashcard as they appear double sided, or rather hide the answer giving you the opportunity to think about the question at hand and answer it in your head or on a sheet before revealing the correct answer to yourself or studying partner. Some questions will include multiple choice options to show you the options involved and other questions will just have the questions and corrects answers. Simply reveal the answer when you are ready to check your work. Absolutely no cheating is acceptable.