FINANCIAL ACCOUNTING:TOOLS FOR BUSINESS
FINANCIAL ACCOUNTING:TOOLS FOR BUSINESS
19th Edition
ISBN: 9781119493624
Author: Kimmel
Publisher: WILEY
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Chapter 1, Problem 5Q
To determine

Accounting data

Accounting data refers to the financial information that are recorded, classified and summarized in journals, ledger, and other books of accounts used for the presentation of the financial statements. These statements provide a comprehensive view of the financial performance of a company that helps the internal and external users in analyzing and making informed decisions.

To identify The internal users of accounting data.

To determine

To describe: The way accounting provides relevant data to the internal users.

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