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What is account
Question
Asked 12/19/2011 9:20:04 AM
Updated 2/15/2014 7:39:39 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by jeifunk [2/15/2014 7:39:39 AM]
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User: What is account

Weegy: Financial accountancy (or financial accounting) is the field of accountancy concerned with the preparation of financial statements for decision makers, such as stockholders, suppliers, banks, employees, government agencies, owners, [ and other stakeholders. Financial capital maintenance can be measured in either nominal monetary units or units of constant purchasing power.[1] The fundamental need for financial accounting is to reduce principal?agent problem by measuring and monitoring agents' performance and reporting the results to interested users. ]
yestfl|Points 374|

Question
Asked 12/19/2011 9:20:04 AM
Updated 2/15/2014 7:39:39 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by jeifunk [2/15/2014 7:39:39 AM]
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3
ACCOUNT :
a. A reason given for a particular action or event
b. A report relating to one's conduct
c. A basis or ground
Added 2/15/2014 7:39:38 AM
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