Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Get immediate and reliable answers to your questions from a community of experienced experts on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Sagot :
Answer:
D
Explanation:
It is the process in which companies record and report the pieces of financial data that go in and out of its business operations that allow both company managers and outside investors and analysts to understand the company's health and make informed decisions.
It provides investors with a baseline of analysis for—and comparison between—the financial health of securities-issuing corporations.
It helps creditors assess the solvency, liquidity, and creditworthiness of businesses.
Along with its cousin, managerial accounting, it helps businesses make decisions about how to allocate scarce resources.
We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.
