Accounting communicates ﬁnancial information about a business to both internal and external users.

Name: Accounting communicates ﬁnancial information about a business to both internal and external users.
Brand: Quizplus
Rating: 4.7 (49 reviews)

Question

Quizplus · Accepted Answer

Accounting is a means of communicating financial information about a business to both internal users (such as management and employees) and external users (such as investors and lenders). This information is used by these users to make informed decisions about the business.

Accounting Communicates ﬁNancial Information About a Business to Both Internal