5 Questions
Which term is often used interchangeably with 'accounting' in the context of financial reporting?
Finance
Which field of accounting focuses on the measurement, analysis, and reporting of information for internal use by management?
Management accounting
What is the main purpose of accounting?
To convey information to investors and creditors
What are practitioners of accounting commonly known as?
Accountants
Which field of accounting focuses on the reporting of an organization's financial information to external users?
Financial accounting
Test your knowledge of accounting with this quiz! From basic concepts to financial statements, this quiz covers a wide range of topics in the field of accountancy. Challenge yourself and see how well you understand the principles and practices of accounting.
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