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One of the objectives of accounting is that it can be used for

One of the objectives of accounting is that it can be used for

  • A.
    business decision making
  • B.
    due process in business
  • C.
    motivating employees
  • D.
    determining the work force
Correct Answer: Option A
Explanation

Objectives of accounting in any business are; systematically record transactions, sort and analyzing them, prepare financial statements, assessing the financial position, and aid in decision making with financial data and information about the business.