Accounting is primarily intended to facilitate
A)starting a business.
B)decision making.
C)ethics investigations.
D)cost tracing.

Question

Quizplus · Accepted Answer

Accounting is primarily intended to provide information that facilitates decision-making in businesses. It involves the recording, classification, and summarization of financial transactions to produce financial statements that can be used by management to make informed decisions about the company's future. While accounting can also be used for cost tracing and ethics investigations, its main purpose is to aid decision-making.

Accounting Is Primarily Intended to Facilitate