Introduction to...

To be comparable, accounting reports must belong to ________.

Which of the following are general objectives of accounting?
I. Maintenance of Accounting Records
II. Providing Information
III. Ascertainment of Profit or Loss
IV. Depiction of Financial Position

To be reliable, accounting information must _________________.

Stock does not include __________.

Internal user is ________of the business entity.

Use of common unit of measurement and common format of reporting promotes________.

Which qualitative characteristic of accounting information is reflected when accounting information is clearly presented ? 

A_______ would most likely use an entity's financial report to determine whether or not the business entity is eligible for a loan. 

Which is the last step of accounting as a process of information ?