Generally, three factors influence business and accounting decisions:
A) operating, investing, and financing activities.
B) assets, liabilities, and equity.
C) economic, legal, and ethical.
D) revenues, expenses, and dividends.

Question

Quizplus · Accepted Answer

While all of the options may have some influence on business and accounting decisions, the most important factors are economic, legal, and ethical considerations. Economic factors such as market conditions and competition can impact decisions regarding pricing and investing. Legal factors such as regulations and contracts can affect decisions regarding compliance and risk management. Ethical considerations can impact decisions regarding social responsibility and reputation.

Generally, Three Factors Influence Business and Accounting Decisions