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Question Practice

Why is dissemination of information considered essential in accounting?

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MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Introduction to Accounting
Question Bank

Why is dissemination of inform...

Single Answer MCQ
Q-00053766

Why is dissemination of information considered essential in accounting?

1

It helps in employee management

2

It facilitates informed decision-making

3

It guarantees profit

4

It replaces financial records

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Who defined accounting as 'the art of recording, classifying, and summarising' transactions?

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Which characteristic must accounting information possess to be useful?

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