Accounting and Decision Making

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PleasantJoy
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5 Questions

Which type of organization uses basic resources (inputs)?

Service providers

What do decision makers need accounting information for?

To help in their decision making

Which branch of accounting offers accounting and related services to its clients?

Management accounting

What is commonly misinterpreted and understood as just the reports?

Accounting information

Which type of business provides services rather than producing goods?

Service business

This quiz tests your knowledge on accounting and decision making. Answer questions on the functions of accounting, reports, investment returns, decision makers, and the importance of accounting information in decision making.

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