Câu 15: CBEST Section 2 Reading: California Basic Educational Skills Test - Reading

Businesses today routinely keep track of large amounts of both financial and non-financial information. Sales departments keep track of current and potential customers; marketing departments keep track of product details and regional demographics; accounting departments keep track of financial data and issue reports. To be useful, all this data must be organized into a meaningful and useful system. Such a system is called a management information system, abbreviated MIS. The financial hub of the MIS is accounting. Accounting is the information system that records, analyzes, and reports economic transactions, enabling decision-makers to make informed choices when allocating scarce economic resources. It is a tool that enables the user, whether a business entity or an individual, to make wiser, more informed economic choices. It is an aid to planning, controlling, and evaluating a broad range of activities. A financial accounting system is intended for use by both the management of an organization and those outside the organization. Because it is important that financial accounting reports be interpreted correctly, financial accounting is subject to a set of ___________ guidelines called "generally accepted accounting principles" (GAAP). On the basis of above passage please answer the following question. According to the information in the passage, which of the following is LEAST likely to be a function of accounting?

1. A. helping business people make sound judgments
2. B. producing reports of many different kinds of transactions
3. C. assisting with the marketing of products — đáp án hiện tại
4. D. assisting companies in important planning activities
5. E. providing information to potential investors