question archive The primary objective of accounting is to provide information for decision making

The primary objective of accounting is to provide information for decision making

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The primary objective of accounting is to provide information for decision making. So, many different groups of users make it impossible to produce accounting information at a reasonable cost in a form that suits them all. As a result, many users often find that the accounting information provided fails to provide them with what they really want to know. Required: Describe THREE (3) users of accounting information and explain why the accounting information is important for them. [6 marks]

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