Accounting Principles Quiz
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Questions and Answers

Who are the stakeholders to whom accounting information is conveyed?

  • Investors, creditors, management, and regulators (correct)
  • Customers and suppliers
  • Employees and competitors
  • Government and media
  • Which field of accounting focuses on the reporting of financial information to external users?

  • Cost accounting
  • Management accounting
  • Financial accounting (correct)
  • Tax accounting
  • What do practitioners of accounting commonly refer to as?

  • Accountants (correct)
  • Analysts
  • Auditors
  • Economists
  • Which field of accounting focuses on the measurement, analysis, and reporting of information for internal use by management?

    <p>Management accounting</p> Signup and view all the answers

    What are the terms 'accounting' and 'financial reporting' often used as?

    <p>Synonyms</p> Signup and view all the answers

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