Who is "The Father of Accounting"?
Luca Pacioli
TRUE OR FALSE:
A customer is any person or other entity who commits capital with the expectation of receiving financial returns.
FALSE. This describes an investor.
What country laid the foundation for higher education courses in accounting?
Brazil
In the process of Accounting ,
(Blank) Occurs through the preparation of financial and accounting reports.
Communicating
Luca Pacioli's published
“ Summa de Arithemetica, Geometria Proportioni et Proportionalita”.
What is this book about?
Double-entry bookkeeping
TRUE OR FALSE:
Accounting Education is a vital method of financing the most essential public sector activities, such as the courts, the legal system, national defense and police protection.
FALSE. This is Taxation
Give 3 examples of Accounting Education in our present days.
University programs
High School Curriculums
Educational Youtube Channels and Podcast
What are the 3 types of information provided by Accounting?
Quantitative Information,
Qualitative Information,
Financial Information
Why is Accounting Education important?
It is important as Accounting Education provides deeply significant data regarding enterprise prior experience.
Accounting is process, a definition by (Blank)
American Accounting Association