Question

Which of these is/are the objectives of accounting? Communicating information to all interested users providing relevant data to make appropriate decisions concerning use of limited resources facilitating social functions and control all of the above?

Answer 1

the objective if accounting of us that it commuciate information to all users revelantvto external.

Objective of Accounting are:

1)Maintaining Accounting records.

2)Recording

3)classification

4)Communicating

5)Summarising