Q.

Which of these is not a function of Financial Accounting

A. To provide financial information to the users of the financial statements
B. To portray gloomy picture of the business in order to evade tax liabilities
C. To keep a systematic record of business transactions
D. To depict a true and fair view of the financial position of the business
Answer» B. To portray gloomy picture of the business in order to evade tax liabilities
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