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12 January, 19:16

Accounting deals with the strategic financial issues associated with increasing the value of the business while observing applicable laws and social responsibilities.

A) TRUE

B) FALSE

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Answers (1)
  1. 12 January, 19:26
    0
    The given statement is false.

    Step-by-step explanation:

    Accounting deals with the strategic financial issues associated with increasing the value of the business while observing applicable laws and social responsibilities.

    This is false.

    In accounting, we can make reports like journal entries, trial balance, profit and loss balance sheet etc. for the year but an accountant cannot make strategies over financial issues.
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