Which of the following does not describe accounting?

Correct! Wrong!

AAA stands for?

Correct! Wrong!

Which of the following provides information about the financial information’s, obligations and activities on the economic entity that is intended for use primarily by external decision makers?

Correct! Wrong!

How many approaches accounting has?

Correct! Wrong!

External reporting is the result of?

Correct! Wrong!

Which of the following statement is true about purpose of accounting?

Correct! Wrong!

Which of the following user groups required the most detailed financial information?

Correct! Wrong!

Which one of the following statement completely and correctly describes accounting?

Correct! Wrong!

Accounting is the language of?

Correct! Wrong!

The two most common specialized fields of accounting in practice are?

Correct! Wrong!

Accounting Basics MCQs (1-10)
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