The purpose of financial accounting is to provide information for-----------.
A. fixing prices
B. controlling cost.
C. locating factory leading to wastages and losses
D. assessing the profitability and financial position of the firm
Answer:D
The purpose of financial accounting is to provide information for-----------.
A. fixing prices B. controlling cost. C. locating factory leading to wastages and losses D. assessing the profitability and financial position of the firm