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The primary objective of accounting is to A ensure the profitability of an organization. B provide...

The primary objective of accounting is to

A

ensure the profitability of an organization.
B

provide useful information to decision makers.
C

implement strong internal controls.
D

prepare financial statements.

Evaluated receipt settlement approves payment of vendor invoices after reconciling the purchase order and the

A

sales invoice.
B

vendor invoice.
C

receiving report.
D

disbursement voucher.
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Answer #1

Answers :

B) Provide useful information to Decision Makers

C) Receiving Report

the primary objective of the Accounting is to provide the information to both internal and External Stakeholders of the Firm. They take the Decision Accordingly.

ERS System Approves the Payment after reconciling the Purchase order and Receiving Report.

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