Identify the importance of accounting by select statement(s) that is (are) correct below
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Business, 25.01.2020 02:31, mooreadrian412
Identify the importance of accounting by select statement(s) that is (are) correct below
a. accounting information users make business and financial decisions
b. accounting information is used throughoutthe year (not only at the end of a year when tax returns and financial statements are prepared) by businesses and individuals to make financial decisions
c. accounting is a system that identifies, records, and communicates financial informationrevenues – expenses = net incomecomplete the following statement regarding risk analysis
d. higher risk implies higher, but riskier, expected returns
Answers: 2
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