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Questions and Answers
Which tool was developed by the Chinese around 3000 B.C for counting and calculating?
Which tool was developed by the Chinese around 3000 B.C for counting and calculating?
- Industrial Revolution
- Abacus (correct)
- Clay Tokens
- Stones
What is accountancy?
What is accountancy?
- A system that provides financial information (correct)
- A system for keeping records
- A tool for counting and calculating
- A process for making economic decisions
What is bookkeeping?
What is bookkeeping?
- A system that provides financial information
- A system for keeping records (correct)
- A process for making economic decisions
- A tool for counting and calculating
What was the first accounting system made of?
What was the first accounting system made of?
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When did the Industrial Revolution begin?
When did the Industrial Revolution begin?
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Which type of information does accountancy provide to business owners and stakeholders?
Which type of information does accountancy provide to business owners and stakeholders?
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What does bookkeeping deal with?
What does bookkeeping deal with?
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What is the purpose of the clay tokens in the history of accounting?
What is the purpose of the clay tokens in the history of accounting?
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When did the Industrial Revolution begin?
When did the Industrial Revolution begin?
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What is the purpose of accounting during the Industrial Revolution?
What is the purpose of accounting during the Industrial Revolution?
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