Accounting JAMB

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

Correct Answer:

Option A – business decision making

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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