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Accounting Fundamentals Quiz
4 Questions
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Accounting Fundamentals Quiz

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@SupremeField

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Questions and Answers

What is the process of identifying, measuring, and communicating economic information to permit informed judgment and decision by users of the information?

  • Accounting (correct)
  • Financial Statements
  • Business Transactions
  • Account

    • Who is considered as The Father of Accounting?

  • George Watson
  • Leonardo da Vinci
  • Luca Pacioli (correct)
  • Doi Poi

    • According to the Accounting Standards Council, accounting is defined as a/an:

  • Provider of information
  • Process (correct)
  • Art
  • Service activity

    • Which of the following is NOT an internal user of financial information?

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