ge of busines

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Which explains why accounting is 1 poi
called a language of business? *
Accounting reports the financial
transaction of the business
Accounting information is useful to
the investors and creditors
Accounting provides the non-financial
information of the business
Accounting has its own technical
O terms that managers are expected to
understand
Transcribed Image Text:Which explains why accounting is 1 poi called a language of business? * Accounting reports the financial transaction of the business Accounting information is useful to the investors and creditors Accounting provides the non-financial information of the business Accounting has its own technical O terms that managers are expected to understand
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