Are112 Study guides, Class notes & Summaries

Which of the following is the primary purpose of accounting? A. To establish a business. B. To identify, record, and communicate business transactions. C. To earn a large profit. D. To reduce taxes owed for the business. E. To establish credit for a company. - B. To identify, record, and communicate business transactions Technological advancement has A. Has replaced accounting. B.Has not changed the work that accountants do. C. Has freed accounting professionals to concentrate mor...