Topic 1 DQ 2 – ACC 240
Accounting is often referred to as "the language of business." Explain in your own words what that
expression means.
Accounting is the language of business because it talks about the financial literacy of the business. It
allows employees who are in a higher position in the business such as managers or board of directors
to discuss the financial aspect of the business. It is essential for a business to regularly check their
financial statements in order to stay solvent and ensure that the company is operating profitably.
Accounting is often referred to as "the language of business." Explain in your own words what that
expression means.
Accounting is the language of business because it talks about the financial literacy of the business. It
allows employees who are in a higher position in the business such as managers or board of directors
to discuss the financial aspect of the business. It is essential for a business to regularly check their
financial statements in order to stay solvent and ensure that the company is operating profitably.
