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Purpose of financial accounting? a)Organize financial information b)Provide information to outsiders c)track of company expenses d)Minimize taxes

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Question added by Fazeeh Karadan , Financial Executive , Dyarco International Group WLL
Date Posted: 2015/01/04
Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

b

Is to prepare financial reports that provide information about a firm's performance to external parties such as investors, creditors, and tax authorities.

imran abbasi
by imran abbasi , Accounts Assistant , Gerry's Fedex international private limited

B) 

Deleted user
by Deleted user

B) Provide Information to External Parties.

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

b)Provide information to outsiders

Mohamed wagih EL-Badry
by Mohamed wagih EL-Badry , Financial Controller , Concept Combined General Trading & Contracting Co.

Answer B) Provide Information to External Parties. 

unlike of Managerial Accounting for Internal Parties

Amit Agrawal
by Amit Agrawal , Manager - Accounts & Finance , Signet Industries Limited

Answer is A