Accounting Quiz 07

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

_________ is the first phase of accounting cycle?

Bookkeeping mainly concerns with which part of accounting process?

In accounting an Economic event is referred to as:

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

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

Auditing is what?

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

Identify the correct sequence of accounting process

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

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