Which of the following is not a basic function of an accounting system?

A. To interpret and record the effects of business transactions.

B. To classify the effects of similar transactions in a manner that permits determination of various totals and subtotals useful to management.

C. To ensure that a business organization will be managed profitably.

D. To summarize and communicate information to decision makers.

C

Business

You might also like to view...

Workers with high job involvement will

a. identify psychologically with their work. b. involve others in getting their work done. c. separate their self-image from their work. d. search for horizontal job loading.

Business

Influencers often help define specifications and also provide information for evaluating alternatives

Indicate whether the statement is true or false

Business