Function and types of accounting

1.	Function and types of accounting
Answer» Answer: The basic role of accounting is to provide relevant financial information to the BUSINESSMEN and the STAKEHOLDERS. Furthermore, facilitating the DECISION making processes and keeping them updated. There are two types of functions of accounting, first, historical functioning and second, MANAGERIAL functionals. Explanation: I hope it will helps you ❣️

Answer»

Answer:

The basic role of accounting is to provide relevant financial information to the BUSINESSMEN and the STAKEHOLDERS. Furthermore, facilitating the DECISION making processes and keeping them updated. There are two types of functions of accounting, first, historical functioning and second, MANAGERIAL functionals.

Explanation:

I hope it will helps you ❣️

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Function and types of accounting