Which department provides quantitative information in order for management and others to make decisions?
A) management information systems.
B) auditing.
C) finance.
D) accounting.

Question

Quizplus · Accepted Answer

Accounting provides quantitative information through financial statements such as balance sheets, income statements, and cash flow statements that are used by management and others to make decisions. While finance also provides quantitative information, its focus is more on the optimization of financial resources and investment decisions. Management information systems provide information on the organization's performance but may not necessarily be quantitative in nature. Auditing is a process of verifying accuracy of financial information and ensuring compliance with regulations, rather than providing quantitative information for decision-making.

Which Department Provides Quantitative Information in Order for Management and Others