what is the purpose of accounting (a) recording transation(b)management(c)monitoring &controlling?
Other - Business & Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
u get paid to professionally do the jobs that ur client would do themselves. its like wats the point of the towels guy in the restrooms at fancy places
Answer 2 :
The basic purpose of accounting is to record transactions. Managers use accounting information and reports to manage, monitor and control the business. I would choose answer A
Answer 3 :
Have you got all weekend ... ? so everything is in order and suppliers can be paid on time customers can be chased for their money the vat man can clearly see .. when doing audits the financial position of an organisation is readily available budgets are prepared from them the list is endless
Answer 4 :
It is to ensure that accountants will maintain full employment and not burden society with unemployment compensation claims. I know people who do nothing other than engage in recording transation things, and when invited to parties, they never show because they are preoccupied with making the big bucks that transation offers.
Answer 5 :
I believe the correct answer is all of the above because the complete definition and purpose of accounting includes a, b, and c.
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