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All of the following are functions of Accounting except
  • a)
    Decision making.
  • b)
    Ledger posting.
  • c)
    Forecasting.
  • d)
    Measurement.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
All of the following are functions of Accounting excepta)Decision maki...
The answer is Option B - 'Ledger posting' because book keeping is different from accounting.
Book keeping: the process concerned with recording of transactions
Accounting: the process concerned with summarising of the recorded transactions

For reference check page 1.8 in Foundation (Principles and Practice of Accounting) material
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All of the following are functions of Accounting excepta)Decision maki...
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All of the following are functions of Accounting excepta)Decision making.b)Ledger posting.c)Forecasting.d)Measurement.Correct answer is option 'B'. Can you explain this answer?
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