What is the approach to accounting that focuses mainly on providing information that enables owners to make money?

Question

Quizplus · Accepted Answer

The stewardship approach to accounting focuses on providing information that enables owners to make money by emphasizing the responsibility of managers to protect and use the resources of the company in the best interests of its owners. This approach is based on the concept of stewardship, which means taking care of something that is not your own.

What Is the Approach to Accounting That Focuses Mainly on Providing