Financial accounting does not deal with which of the following?
A) Measuring a company's economic activity.
B) Preparing financial reports.
C) Making business decisions.
D) Communicating financial results to investors.

Question

Quizplus · Accepted Answer

Financial accounting is mainly concerned with measuring a company's economic activity, preparing financial reports, and communicating financial results to investors. Making business decisions falls under management accounting, which is a separate branch of accounting.

Financial Accounting Does Not Deal with Which of the Following