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Chiefly concerned with providing financial information to various external users...

Chiefly concerned with providing financial information to various external users...

the accounting isprimarilyconcerned with providing financial information to various external users. Accounting is an essential function of any organization or business enterprise, and it is responsible for keeping track of financial transactions and generatingfinancial statements to provide accurate and reliableinformationto external stakeholders. These stakeholders are interested in the company's financial performance, its profitability, and how efficiently it is using its resources, among other things.Explanation:Accounting is a process of identifying,measuring, recording, and communicating financial information to the various stakeholders, including external users,who use this information to make informed decisions. Thesestakeholdersinclude investors, creditors, government agencies, customers, suppliers, and other interested parties who rely on financial statements to assess the company's performance and financial health. The financial statementsproducedby accounting provide an overview of the company's financial position and performance and provide information about the company's profitability, liquidity, solvency, and financial flexibility, among other things. In summary, the accounting is primarily concerned with providing financial information to various external users to help them make informed decisions.TO know more about thatprimarilyvisit:brainly.com/question/28149281#SPJ11...

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