Given below are two statements. One is labelled as Assertion (A) and the other as Reason (R): Assertion (A): Accounting is the language of business. Reason (R): Accounting provides all information needed by a businessman. Select the correct answer using the code given below:

Question

General Knowledge · Accounting Principles

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

(A) is true but (R) is false.

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Answer 1

Both (A) and (R) are true but (R) is not the correct explanation of (A).

Answer 2

Both (A) and (R) are true and (R) is the correct explanation of (A).

Answer 3

(A) is false but (R) is true.

Answer 4

(A) is true but (R) is false.

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