Globalisation, high profile corporate failures and increased transactional complexity has led to the increased:
A) Criticism of accounting standards
B) Importance of financial accounting
C) Relevance of management accounting
D) Concern with stock market performance

Question

Quizplus · Accepted Answer

The increased complexity and global nature of business have heightened the importance of financial accounting to ensure transparency, comparability, and reliability of financial information.

Globalisation, High Profile Corporate Failures and Increased Transactional Complexity Has