Question Tag: Accounting Definition

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FA – Nov 2013 – L1 – SA – Q5 – Scope and Purpose of Accounting

Identifying the best definition of the concept of accounting.

Which of the following best defines “the concept of accounting”?

A. An activity performed by accountants
B. A system comprising several interrelated and interdependent parts
C. A technique of management
D. A discipline of study
E. A process of handling information of economic nature, which is useful and adaptive to varying situations

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FA – Nov 2013 – L1 – SA – Q5 – Scope and Purpose of Accounting

Identifying the best definition of the concept of accounting.

Which of the following best defines “the concept of accounting”?

A. An activity performed by accountants
B. A system comprising several interrelated and interdependent parts
C. A technique of management
D. A discipline of study
E. A process of handling information of economic nature, which is useful and adaptive to varying situations

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Find Related Questions by Tags, levels, etc.

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