Accounting Basics Quiz

Recording financial transactions for bookkeeping purposes

Supporting accounting functions through information systems

Reporting an organization's financial information to external users (correct)

Measuring and analyzing information for internal use by management

Preparing financial statements for external users

Providing information for internal use by management (correct)

Supporting accounting functions through information systems

Recording financial transactions using double-entry bookkeeping

Recording financial transactions for summarizing in financial reports (correct)

Measuring and analyzing information for internal use by management

Supporting accounting functions through information systems

Reporting an organization's financial information to external users

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