Question

multiple select question
select all that apply
what are the two roles of financial accounting? more than one answer may be correct.
to measure business activities of the company
to report cost accounting information for internal decisions
to measure and report results to taxing authorities
to communicate information to external parties for decision making purposes

Explanation:

Financial accounting measures a company's business activities and communicates information to external parties like investors, creditors for decision - making. Measuring and reporting to taxing authorities is also a role. Cost accounting information for internal decisions is more related to managerial accounting.

Answer:

A. To measure business activities of the company
C. To measure and report results to taxing authorities
D. To communicate information to external parties for decision making purposes