Question: CHAPTER 12:SMALL BUSINESS ACCCOUNTING:PROJECTING AND EVALUATING PERFORMANCE #1 Defend the statement, the function of accounting is to produce information that is useful for decision making.

CHAPTER 12:SMALL BUSINESS ACCCOUNTING:PROJECTING AND EVALUATING PERFORMANCE

#1 Defend the statement, "the function of accounting is to produce information that is useful for decision making."

Student must answer in proper english, and with a professional accounting term.

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3. How much information do we need to collect?

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2. What types of information are we collecting?

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5. How quickly can we manage to collect the information?