The basic function of financial accounting is to ___________.

record all business transactions

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interpret the financial data

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assist the management in performing functions effectively

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information to management

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Solution

The correct option is A record all business transactions
The basic function of financial accounting is
-to record all the financial transactions
-which are related to business
-in the books of accounts
-in chronological order.

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Q. The basic function of financial accounting is to __________________.

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The basic function of financial accounting is to ___________.

The correct option is A record all business transactionsThe basic function of financial accounting is -to record all the financial transactions -which are related to business -in the books of accounts -in chronological order.

The correct option is A record all business transactions
The basic function of financial accounting is
-to record all the financial transactions
-which are related to business
-in the books of accounts
-in chronological order.