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USERS OF ACCOUNTING

USERS OF ACCOUNTING

Assessment

Flashcard

Business

12th Grade

Easy

Created by

Naseeb K

Used 1+ times

FREE Resource

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4 questions

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1.

FLASHCARD QUESTION

Front

1.Why do ........want to know how much profit the business is making?

Back

1.To assess the profitability of an investment.

2.

FLASHCARD QUESTION

Front

2.Why does ........rely on accounting data to make decisions?

Back

2.To make business decisions

3.

FLASHCARD QUESTION

Front

3.Why does the ......... use accounting information to calculate taxes?

Back

3.To determine tax liability

4.

FLASHCARD QUESTION

Front

4.Why is it necessary .......... to evaluate the ability to repay loans?

Back

To evaluate the ability to repay loans

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