WAEC Accounting 2012 Objective — Question 1

Question 1 of 50 from the West African Examinations Council (WAEC) Accounting 2012 Objective paper, with the correct answer and a full explanation.

The objective of accounting information is to enable users to

A. prepare the financial statements
B. value stock
C. make decisionsCorrect
D. prepare budgets

Explanation

The objective of accounting information is to enable users to make decisions about what their money is used for or what they will use their money for.

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