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Question
Which of the following is not a function of accounting?
Which of the following is not a function of accounting?
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Solution
The correct option is C Maximising the results
The accounting functions are: Financial accounting. Its primary responsibility is to generate financial statements and the related disclosures that fairly reflect the financial results and condition of the organization. Its primary beneficiary is outsiders, such as investors, creditors, and lenders.
The accounting functions are: Financial accounting.
Its primary responsibility is to generate financial statements and the related disclosures that fairly reflect the financial results and condition of the organization. Its primary beneficiary is outsiders, such as investors, creditors, and lenders.
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