1.

What Are The Purposes Of Accounting Information?

Answer»

Score Keeping:
The score-keeping function is ONE the primary PURPOSES of accounting information. It basically deals with the FINANCIAL HEALTH of the enterprise.

Attention Directing :
Attention directing is nothing but the process of giving a signal to the user of accounting information about the need to take a decision. As such the accounting information supplied the user’s attention to take decision.

Problem Solving:
The problem solving function of accounting information involves PROVISIONS of such information, which enables the manager to find solutions to the problems.

Score Keeping:
The score-keeping function is one the primary purposes of accounting information. It basically deals with the financial health of the enterprise.

Attention Directing :
Attention directing is nothing but the process of giving a signal to the user of accounting information about the need to take a decision. As such the accounting information supplied the user’s attention to take decision.

Problem Solving:
The problem solving function of accounting information involves provisions of such information, which enables the manager to find solutions to the problems.



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