The primary objective of accounting is to
A)implement strong internal controls.
B)provide useful information to decision makers.
C)prepare financial statements.
D)ensure the profitability of an organization.

Question

Quizplus · Accepted Answer

The primary objective of accounting is to provide useful information to decision makers. While implementing strong internal controls, preparing financial statements, and ensuring the profitability of an organization are all important aspects of accounting, they are not the primary objective. The primary objective is to provide information that aids in decision making.

The Primary Objective of Accounting Is to