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Which of the following is the most correct definition of accounting ? A. A system for providing quantitative information, primarily financial in nature, about economic
Which of the following is the most correct definition of accounting?
A. A system for providing quantitative information, primarily financial in nature, about economic
entities that is intended to be useful in making economic decision making
B. An entity without a profit objective, oriented toward providing services efficiently and effectively.
C. The preservation of a systematic, quantitative record of an activity
D. The procedures and processes used by a company to analyze transactions and handle
bookkeeping tasks.
Which of the following is the most correct definition of accounting?
A. A system for providing quantitative information, primarily financial in nature, about economic
entities that is intended to be useful in making economic decision making
B. An entity without a profit objective, oriented toward providing services efficiently and effectively.
C. The preservation of a systematic, quantitative record of an activity
D. The procedures and processes used by a company to analyze transactions and handle
bookkeeping tasks.
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