Answer:
D
Step-by-step explanation:
It is the process in which companies record and report the pieces of financial data that go in and out of its business operations that allow both company managers and outside investors and analysts to understand the company's health and make informed decisions.
It provides investors with a baseline of analysis for—and comparison between—the financial health of securities-issuing corporations.
It helps creditors assess the solvency, liquidity, and creditworthiness of businesses.
Along with its cousin, managerial accounting, it helps businesses make decisions about how to allocate scarce resources.