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
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
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5Q: Which area of accounting needs a computerized accounting information system the most—payroll, tax,...
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
Transcribed Image Text: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
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