Introduction to...

________ is the language of business and used to communicate financial and other information to different interested parties like creditors, investors, researchers, governments etc.

Which of the following would be considered as external users of accounting information's?

The sale of merchandise to the customers is an

Business organisations involves

The prime objective of accounting is to _________________.

Which of the following statements is not an objective of financial reporting?

Which of the following statements about differences between financial and managerial accounting is incorrect?

_____________ is a post mortem of past costs.

____________ provides information for income determination.

____________ is the oldest branch of accounting.