What is the primary purpose of international accounting?

The primary purpose of international accounting is to provide managers and external stakeholders, such as investors and regulatory agencies, with accurate and relevant financial information to support decision-making. This aspect is significant, as businesses operating internationally must adhere to various accounting standards and regulations, which can differ by country. Effective international accounting ensures that these stakeholders have the financial visibility they need to evaluate performance, assess risks, and make informed decisions related to investments, resource allocation, and strategic planning.

While the other options touch on aspects of financial reporting, they don't capture the broader intent of international accounting. Providing customers with data for purchases relates more to marketing and sales, and setting benchmarks for employees focuses on management accounting, which is more internal in nature. Thus, the emphasis on delivering comprehensive financial data to both managers and external entities in the context of diverse international regulations is what makes the second option the most aligned with the purpose of international accounting.