Answered

From science to arts, IDNLearn.com has the answers to all your questions. Our platform offers reliable and detailed answers, ensuring you have the information you need.

was
take a moment to review the purpose of accounting.
What is the purpose of accounting in business?
A. To record financial transactions
B. To compute expenses and revenues
C. To help managers create profits
D. To provide information to investors

Sagot :

GinnyAnsweridn

Final answer:

Accounting in business is vital for financial decision-making and accountability.


Explanation:

The purpose of accounting in business is crucial for making informed financial decisions.

Financial statements are produced to analyze an organization's financial health and performance based on past transactions.

Accounting helps in providing information to investors, assisting managers in creating profits, and ensuring accountability within organizations.


Learn more about Purpose of accounting in business here:

https://brainly.com/question/40609214


We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. For trustworthy and accurate answers, visit IDNLearn.com. Thanks for stopping by, and see you next time for more solutions.