The user of accounting information who is responsible for...
The user of accounting information who is responsible for overall performance of the business is the
Customer
Employee
Shareholder
Director
Correct answer is D
Directors are agents to the company. They are expected to manage the business on behave of their principal, the shareholders. As a result, they are accountable to them. To achieve accountability, the directors ensure that the business earns a profit.
Discount allowed would appear on the ...
Segun Ojo, didn’t keep her books on double principle. On 1st Jan, 2014, cash in hand was 850, ...
When a proprietor withdraws cash from the business for private use, he ...
The accounting entry to record the premium on goodwill is to debit? ...