Which of the Following Is Not a Role of Accounting

question 123

Multiple Choice

Which of the following is not a role of accounting in business?

• A) To provide reports to users about the economic activities and conditions of a business.
• B) To personally guarantee loans of the business.
• C) To provide information to other users to determine the economic performance and condition of the business.
• D) To assess the various informational needs of users and design its accounting system to meet those needs.

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Definitions:

Criminal Action

A legal proceeding brought against an individual who is accused of committing a crime, aiming to enforce public laws.

State Court

Courts within a state that handle legal disputes and administer justice according to state laws and constitutions.

Testimony

Evidence presented orally by witnesses during trials or other legal proceedings.

In Personam Jurisdiction

The power of a court to render a decision affecting the rights of the specific persons before the court.