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10 questions
The purpose of accounting is to....
communicate information to interested users so that they can make informed decisions
communicate financial and non-financial information to interested users so that they can make informed decisions
communicate non-financial information to interested users so that they can make informed decisions
A liability is...
obligation of a business as a result of a past transaction
Something a business has to pay because of a past event
current obligation of a business as a result of a past transaction
An Expense is...
An expense is defined as a decrease in assets which can be a distribution to the owner
An expense is defined as an increase in assets which can be a distribution to the owner
An expense is defined as a decrease in assets which is not a distribution to the owner
Monetary measurement can be described as
items that can be given a money value are to be recorded in New Zealand Dollars
items that can be given a money value are to be recorded in the currency of the country they have been bought from
Which of the following is an example of Income
Sales
Mortgage
Equipment
Double entry in accounting means there must be________ entries for every transaction?
two
Three
six
one
Accounting is referred to as the "language of ___________________."
Profit
Life
Accounting
Business
Diagram tersebut menunjukkan...
Korelasi positif
Korelasi negatif
Korelasi sempurna
Tidak berkorelasi
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