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

Question

03-09-2019
Business

contestada

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

Respuesta :

Otras preguntas

Which technological development enabled European navigators to determine their location during the Age of Exploration? (1) lateen sail (2) astrolabe (3) cross

A block of mass 3 kg slides down a frictionless inclined plane of length 6 m and height 4 m. If the block is released from rest at the top of the incline, what

Can someone explain lesson 6.3 math boxes in everyday math regarding the missing numbers on the number lines

How can i solve this f:d->R f(x)=x at power2/x-1

A block of mass 3 kg slides down a frictionless inclined plane of length 6 m and height 4 m. If the block is released from rest at the top of the incline, what

Place the mouse, fruit ﬂy, duck, and gorilla in order of their relatedness to humans, from least related to most related. a. mouse - fruit ﬂy - duck - gorilla b

Estimate the angle of elevation from the trailhead to the summit.

Which of the following are examples of trisomy? Turner Syndrome, Down's syndrome, or Klinefelter's Syndrome

the rectangles on a quilt are 2in. wide and 3in. long the perimeter of each rectangle is made by pattern of ref thread. if there are 30 rectangles in the quilt,

Estimate the angle of elevation from the trailhead to the summit.

PGAMUKAMA PGAMUKAMA · Answer 1 · 2019-09-06T15:21:48+02:00

Answer:

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

Explanation:

Accounting is an important system that records business transactions, aggregates and interprets results to managers and other stakeholders such as shareholders, creditors, investors to make decisions regarding the company. Based on the above, options a, b and c are incorrect while option 'd' is the correct answer.