General Accounting Expert answer Which of the following is the primary purpose offinancial accounting?A) To provide information for internal decision-makingB) To provide financial information to externalusersC) To manage a company's payroll systemD) To calculate taxes owed by the business

Here's an explanation of each option: A) To provide information for internal decision-making:This is…

Answered: Which of the following is the primary…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 5Q: Which area of accounting needs a computerized accounting information system the mostâ€”payroll, tax,...

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Which of the following is the primary purpose of financial accounting? A) To provide information for internal decision- making B) To provide financial information to external users C) To manage a company's payroll system D) To calculate taxes owed by the business