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Identify which of the following statements is correct as to why accounting is important. Multiple choice question. We live in an information age whereby accounting information impacts everyone. Accounting information identifies, records and communicates information about a business. Accounting information is based on stock market valuations which are current and reliable. Accounting information summarizes or conveys information about an organization's business activities.

Respuesta :

Answer:

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

Explanation:

The accounting information identified the business records and communicate the business information to the insiders and outsiders also it does not have any effect on everyone except the stakeholders. In addition to this, it is not depend upon the valuation made for the stock market

So as per the given situation, the above statement should be correct

Tundexi

The correct statement is that "we live in an information age whereby accounting information impacts everyone."

Information is incredibly important in modern time than ever because of how quickly its allows businesses to gather and make conclusion on what can improve their businesses.

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

Therefore, the Option A is correct.

Read more about accounting information

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