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The main objective of accounting report is to provide information about


Question

The main objective of accounting report is to provide information about

Options

A)
a company's shareholding
B)
an entity's management
C)
the efficacy of assets
D)
a company's economic resources

The correct answer is D.

Explanation:

Accounting reports are compilations of financial information that are derived from the accounting records of a business. These can be brief, custom-made reports that are intended for specific purposes, such as a detailed analysis of sales by region, or the profitability of a specific product line.
The main objective of accounting report is to provide information about a company's economic resources.


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Discussion (2)

  • Balqees

    A company economical resources

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  • Accounting reports are compilations of financial information that are derived from the accounting records of a business. These can be brief, custom-made reports that are intended for specific purposes, such as a detailed analysis of sales by region, or the profitability of a specific product line.
    The main objective of accounting report is to provide information about a company's economic resources.

    Reply
    Like