[Answer] Which of The following is the primary purpose of accounting ?

Answer: To identify record and communicate business transaction

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Which of The following is the primary purpose of accounting ? Which of the following is true of accrual basis accounting and cash basis accounting . Accrual accountings record revenue only when it is earned. Get fit now games a client who pre-pays $540 for a package of six physical training sessions. Get fit now collects $540 in … What is the primary purpose and focus of managerial accounting . Managerial accounting provides information that helps managers plan direct and control operations and make better decisions; it has a. The primary purpose of accounting is to: a) make sure a business is paying its taxes. b) allow for government tracking of business activities. c) help managers evaluate the financial condition of the firm . d) provide a method of spending money wisely. Wed May 15 2019 · The purpose of accounting. May 15 2019/. The purpose of accounting is to accumulate and report on financial information about the performance financial position and cash flows of a business . This information is then used to reach decisions about h...

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