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.
Receipts and payments accounts is the summary of ...
\(\begin{array}{c|c} & ₦ \\ \hline \text{Opening stock} & 1,800\\ \text{Closing stock} &am...
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Rakiya and joy are in a partnership and agreed that 5% interest per annum is to be charged on ...
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A business extracted its trial balance and discovered that the total of the credit side exceede...
Which of the following is not a purpose for which share premium may be utilized? ...