
USERS OF ACCOUNTING

Flashcard
•
Business
•
12th Grade
•
Easy
Naseeb K
Used 1+ times
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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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