The Primary Objective of Accounting Is to

question 101

Multiple Choice

The primary objective of accounting is to

• A)implement strong internal controls.
• B)provide useful information to decision makers.
• C)prepare financial statements.
• D)ensure the profitability of an organization.

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Definitions:

Private Lands

Areas of land owned by individuals or companies rather than by the government or public entities.

National Parks

Protected areas intended for the preservation of natural beauty, biodiversity, and cultural heritage, accessible for public enjoyment and education.

Human Activities

Actions and behaviors undertaken by humans that impact the natural world and each other, ranging from industrial production to leisure activities.

Funding

The act of providing financial resources, typically money, or other values such as effort or time, to support a program, project, individual, or organization.