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Question

Asked 11/27/2007

Business accounting

How can accounting information be relevant to its users.

 
 
 
 
 
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Answer 1/2 - Submitted 11/27/2007

I'm confused by your question. Accounting information is critical to all companies out there . . . it helps users understand how much money is being made (or lost), where the revenue comes from, all of the associated costs, and allows users to do further analysis on many different areas.

Basically, accounting is fundamental for any business to be successful.

 
 

Answer 2/2 - Submitted 12/16/2007

I'm confused too... Relevant to what users?

It is a necessary, and fundamental part of any business like what jreberry said above.

 
 
 
 
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