Answered

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Mark this question Brian discussing the financial position of his company with Mike, who is interested in acquiring Brian's company, is an example of which of the following? A. Managerial accounting B. Investment accounting C. Financial accounting D. External accounting

Sagot :

Zviko

Answer:

B. Investment accounting

Explanation:

Investment accounting focuses on the management of assets of the business. this also includes valuations when considering a sell, a merger or acquisition of the business.

In this question, Mark wants to acquire Brian's company so he is making an investment decision.

The given situation represent the Financial Accounting

The following information should be considered;

  • Financial accounting means the process of identifying, classifying, recording, summarizing, analyzing & reporting the financial information of an entity to all the stakeholders of the company.
  • So, in the given situation, it is the financial accounting example.

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