All of the following statements are correct except
A) Good decision-making depends on good information.
B) A vital element in communicating economic events is the accountant's ability to analyze and interpret reported information.
C) The origins of accounting are generally attributed to Socrates, a classical Greek philosopher, who promoted accounting as a social contract.
D) The information that a user of financial information needs depends upon the kinds of decisions the user makes.

Question

Quizplus · Accepted Answer

The origins of accounting are not generally attributed to Socrates, but rather to ancient civilizations such as the Babylonians, Egyptians, and Romans.

All of the Following Statements Are Correct Except