Academic Journals Quiz

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Questions and Answers

What is the purpose of an academic journal according to Henry Oldenburg?

  • To restrict the discussion of research
  • To publish articles without any scrutiny
  • To promote only review articles and book reviews
  • To give researchers a venue to impart their knowledge to one another (correct)

What type of content do academic journals typically contain?

  • Fictional stories and personal anecdotes
  • Political opinions and editorials
  • Articles presenting original research, review articles, or book reviews (correct)
  • Advertisements and promotional material

What is nearly universally required for academic journals?

  • Approval from non-experts in the field
  • Only the approval of the editor
  • Peer review or other scrutiny from contemporaries competent and established in their respective fields (correct)
  • No requirements, as they are open to anyone

What is the role of academic journals in relation to research?

<p>Serve as permanent and transparent forums for the presentation, scrutiny, and discussion of research (A)</p> Signup and view all the answers

Which group of people is interested in receiving financial information for decision making purposes?

<p>Stockholders, suppliers, and banks (C)</p> Signup and view all the answers

To which type of publications does the term 'academic journal' apply?

<p>Scholarly publications in all fields (A)</p> Signup and view all the answers

What is the standard framework of guidelines for financial accounting used in any given jurisdiction?

<p>Generally Accepted Accounting Principles (GAAP) (B)</p> Signup and view all the answers

Which set of accounting standards states how particular types of transactions and other events should be reported in financial statements?

<p>International Financial Reporting Standards (IFRS) (A)</p> Signup and view all the answers

Who is responsible for the preparation of financial statements available for public use?

<p>Accountants (A)</p> Signup and view all the answers

Which branch of accounting is concerned with the summary, analysis and reporting of financial transactions related to a business?

<p>Financial accounting (C)</p> Signup and view all the answers

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