true or false question\nthe two functions of financial accounting are to measure business activities and…

true or false question\nthe two functions of financial accounting are to measure business activities and prepare tax returns.\no true\no false\nneed help? review these concept resources.\nread about the concept

true or false question\nthe two functions of financial accounting are to measure business activities and prepare tax returns.\no true\no false\nneed help? review these concept resources.\nread about the concept

Answer

Brief Explanations:

The two main functions of financial accounting are to measure business activities and communicate the results of those measurements to external parties (such as investors, creditors). Preparing tax - returns is not one of the two core functions.

Answer:

False