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Which of the following is NOT an objective of accounting?

AMaintaining records of business transactions

BCalculation of profit and loss

CDepiction of financial position

DMarketing of business products

Answer:

D. Marketing of business products

Read Explanation:

OBJECTIVES OF ACCOUNTING

  • Maintenance of records of Business Transactions

  • Calculation of Profit and Loss

  • Depiction of Financial position

  • Providing Accounting Information to its users

ROLE OF ACCOUNTING

  • Language of Business

  • Historical Records

  • Information System

  • Current Economic Reality

  • Service to users


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