Which of the Following Is the Most Important Function of an Accounting

question 13

Multiple Choice

Which of the following is the most important function of an accounting system?

• A)Provide information for decision-making, planning and control
• B)Keep employees from embezzling funds
• C)Prepare accounting reports
• D)Collect and record data

Identify the characteristics and prerequisites for effective participative decision-making and creative problem-solving.

Understand the concept and conditions that encourage groupthink.

Describe the rational model of decision making and its importance.

Explain how organizations can facilitate creative decision making.