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The basic purpose of an accounting system is to: ?

<p><strong>A. <span>Develop financial statements in conformity with generally accepted accounting principles.</span></strong></p> <p><strong><span>B.Provide as much useful information to decision makers as possible regardless of cost.</span></strong></p> <p><strong><span>C. Record charges in the financial position of an organization by applying  the concepts of double entry accounting.</span></strong></p> <p><strong><span>D. Meet organization's need for accounting information as efficiently as possible.  </span></strong></p> <p> </p>

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/10/22
Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

D. Meet organization's need for accounting information as efficiently as possible. 

Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

D

khalid Hassanien
by khalid Hassanien , Financial Manger , Alrwania Ltd

(D)

Rahmat Ullah Khan
by Rahmat Ullah Khan , Administrative Asst , Trojan Holding

D

Asif Yaqub Khan
by Asif Yaqub Khan , Assistant Professor , Bahria College Karsaz

 

------------------As

The purpose of accounting is to accumulate and report on financial information about the performance, financial position, and cash flows of a business. This information is then used to reach decisions about how to manage the business, or invest in it, or lend money to it.

fadil hoory
by fadil hoory , محاسب , شركة مقاولات بالسعودية

Answer (d)

Ashraf Samir Sorour
by Ashraf Samir Sorour , Head Of Finance And Administration , Revamp Consulting

The answer is D

 

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

D is the answer

Technology made to make our work very easy and effective and efficient 

Abd ElRahman Mohammed Idris Mohammed
by Abd ElRahman Mohammed Idris Mohammed , Internal Audit Manager , Kenana Sugar Company Limited

Option D

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

D is the correct answer 

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

d

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