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. |
Homework Answers
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.
Add Answer to:
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Lady’s Fashion Fair, a retail store dealing in expensive women’s
clothing. Sales are mainly on account using the store’s own billing
rather than credit cards; however, some customers prefer to pay
cash.
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desk for payment. The computer used to enter sales is operated by
the store supervisor, who has been employed for 10 years by...
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Lady’s Fashion Fair, a retail store dealing in expensive women’s
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