Accounting Quiz 07

Auditing is what?

In accounting an Economic event is referred to as:

_________ is the first phase of accounting cycle?

Bookkeeping mainly concerns with which part of accounting process?

Which of the following is the external user of financial statements?

Financial accounting provides financial information to all of the following external users except:

For which step of accounting process the accountants of business entity prepare financial statements?

Which of the following is the internal user of financial statements?

Identify the correct sequence of accounting process

Keeping the log of financial information in books of original entries is called__________?

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