1. Which of the following does not describe accounting?a. Language of business.b. Is an end rather than a means to an end. c. Useful for decision making.d. Used by business, government, nonprofi t organizations,and individuals.

1. Which of the following does not describe accounting?a. Language of business.b. Is an end rather than a means to an end. c. Useful for decision making.d. Used by business, government, nonprofi t organizations,and individuals.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter2: Financial Reporting: Its Conceptual Framework

Section: Chapter Questions

Problem 2MC: Which of the following is considered a constraint on useful information by Statement of Financial...

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Question

1. Which of the following does not describe accounting?
a. Language of business.
b. Is an end rather than a means to an end.

c. Useful for decision making.
d. Used by business, government, nonprofi t organizations,
and individuals.

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