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

Accounts - Principles of Accounts
JAMB 2016

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
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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.

 


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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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