Financial accounting would be used to make which of the following decisions?
A)Deciding if the company should expand.
B)Determining which products are successful.
C)Determining the price of a product.
D)Deciding whether to invest in the company.

Question

Quizplus · Accepted Answer

Financial accounting provides information on the financial health and performance of a company that would be useful for investors in deciding whether to invest in the company or not. Decisions such as expansion and pricing would require managerial accounting information while determining successful products would require both financial and managerial accounting information.

Financial Accounting Would Be Used to Make Which of the Following