- 1 Marks
FA – May 2017 – L1 – SA – Q8 – Users of Accounting Information and Their Needs
Examines the fundamental objective of accounting.
Question
The core objective of accounting is to
A. Keep record of transactions
B. Produce a trial balance
C. Maintain records of assets and liabilities
D. Provide financial information to users for decision making
E. Maintain register for non-current assets
Find Related Questions by Tags, levels, etc.
- Tags: Decision Making, Financial Reporting, Objective of Accounting
- Level: Level 1
- Topic: Users of Accounting Information and Their Needs
- Series: MAY 2017
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