Which of the following statements best describes the purpose of financial accounting in a limited liability company?

Question

a.	To assist in the day-to-day management of the company.
b.	To enable the business to pay the correct amount of tax.
c.	To ensure that the business pays the correct dividend.
d.	To help the directors discharge their obligations to the shareholders.

Hesham ElMosallamy · Answer

d.
To help the directors discharge their obligations to the shareholders

Nitro Gen · Answer

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Which of the following statements best describes the purpose of financial accounting in a limited liability company?

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