Question

________ is the language of business and used to communicate financial and other information to different interested parties like creditors, investors, researchers, governments etc.

• A. Accounting
• B. Cost Accounting
• C. Costing
• D. Management Accounting

Answer 1

The correct option is A Accounting

Accounting is known as the language of the business as it communicates that how the business is operating, whether it is making profit or loss etc.
Accounting is used to communicate financial and other information to different interested parties like creditors, investors, researchers, governments etc.