The system through which management is given financial information for use in conducting the affairs of the business and in reporting to owners and other interested parties is called the: a. accounting system. b. fiduciary system. c. operations system. d. auditing system.

Q: The accounting process generates financial reports forboth internal and external users. Describe…

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Q: The accounting system should provide information for:

A: The accounting system should provide information for: D. All of the above. The accounting system…

Q: What are some of the uses that management may make of accounting information about individual…

A: In a company, generally, various divisions have been made according to the type and flow of work.…

Q: The body of rules and procedures that guide the measurement and communication of financial…

A: Accounting:   Accounting is a system, or a process of collecting and organizing economic…