Accounting is one way important information about businesses are reported to decision makers.

Question

Quizplus · Accepted Answer

Accounting is a crucial way to report financial information to decision makers, such as investors, creditors, and management. Financial statements, such as the balance sheet and income statement, provide important insights into a business's financial health and performance. This information is crucial in making informed decisions about investments, loans, and other financial matters.

Accounting Is One Way Important Information About Businesses Are Reported