Financial and Management Accounting

1: Following are some of the objectives of accounting 1. To ascertain whether the business operations have been profitable or not 2. Maintaining systematic records and reporting on the custodianship of resources 3. Facilitating special functions and control 4. To ascertain the financial position of the business Which of the above are main objectives of accounting?
A.

1 and 4

B.

1,2 and 4

C.

1  and 3

D.

2 and 3

 

Answer : A

Explanation :

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Option: A

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