why is accounting a service industry

Question

because is is a small busieness type
because it provides support but no tangible goods
because is provides tangible goods
because it only serves people face to face

Answer 1

Accounting is considered a service industry primarily because it provides support but no tangible goods. Unlike industries that produce physical products, accounting involves processing and managing financial information for businesses and individuals. It offers services such as bookkeeping, tax preparation, audit, financial consulting, and advisory services. While accounting professionals may interact with clients face to face, it is not a requirement for the industry to be considered a service industry.