The Role of Accounting in Decision-Making Quiz

To ensure accountability to stockholders

To direct the affairs of governmental agencies

To generate profit for businesses

To provide reliable information for decision-making (correct)

Individuals and not-for-profit organizations

Government officials and corporate executives (correct)

Profit-seeking enterprises

Stockholders and the public

To keep a diary of their business activities for decision-making (correct)

To ensure accountability to stockholders

To generate profit for the business

To direct the affairs of governmental agencies

<p>They are accountable to many parties in society and have to report to stockholders, governmental agencies, and the public</p> Signup and view all the answers

<p>To provide reliable information for sound decision-making</p> Signup and view all the answers