What are the important objectives of accounting?

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VideRime Staff asked 3 years ago
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What are the important objectives of accounting?

I. To maintain records of a business

II. Calculation of profit or loss

III. Depiction of financial position

IV. To make information available to various groups and users

a) I and II

b) I and III

c) I, II and III

d) I, II, III and IV  (Ans)