why is accounting a service industry.

Question

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

Answer 1

Accounting is considered a service industry primarily because it provides professional services to individuals, businesses, and organizations. This industry focuses on financial records management, auditing, tax preparation, and financial consulting rather than producing tangible goods. Although accounting firms may have physical offices, their main service is to provide advice and expertise to clients rather than physically delivering products. Therefore, accounting is considered a service industry as it offers intangible services to meet the financial needs of clients.