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Identify which of the following statements is correct as to why accounting is important.

Respuesta :

The statement that is correct as regards the reason why accounting is important is;

Option A; We live in an information age whereby accounting information impacts everyone.

Importance of Accounting

From the options given below, we can say that;

Information is very important tool in our modern days because as the saying goes that information is power.

Now, this is incredibly more important than ever before because of how swiftly the knowledge of accounting helps businesses to seek information and make conclusion on concepts that can improve their businesses.

In conclusion, the correct statement is that "we live in an information age whereby accounting information impacts everyone."

The missing options are;

A) We live in an information age whereby accounting information impacts everyone.

B) Accounting information identifies, records and communicates information about a business.

C) Accounting information is based on stock market valuations which are current and reliable.

D) Accounting information summarizes or conveys information about an organization's business activities.

Read more about the importance of accounting at; https://brainly.com/question/24130447

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