A

Admin • 802.91K Points
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Q. What is the main objective of financial accounting?

  • (A) To determine tax liability
  • (B) To calculate cost of production
  • (C) To provide information to external users
  • (D) To control inventory
  • Correct Answer - Option(C)
  • Views: 3
  • Filed under category Accounting
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Explanation by: Admin
Financial accounting aims to provide useful information to external stakeholders like investors and creditors.

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