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:

Cultural Group

A community of people who share common cultural values, practices, beliefs, or heritage.

Disciplinary Style

The approach or methods used by parents, teachers, or authorities to manage behavior and enforce rules.

Effectiveness

The degree to which something achieves its intended outcome or purpose in a real-world scenario.