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FA – May 2013 – L1 – SA – Q1 – Scope and Purpose of Accounting

This question assesses the understanding of what does and does not define accounting.

Question

Accounting may be viewed in several ways. Which of the following will NOT fairly define accounting?

A. An activity performed by accountants and their surrogates
B. A technique of management
C. A discipline of study
D. The process of identifying, measuring, and communicating economic information to end-users
E. A study of money and monetary policies in an organisation for decision-making

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Tags: Accounting Discipline, End-User Information, Scope of Accounting
Level: Level 1

Topic: Scope and Purpose of Accounting
Series: MAY 2013

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FA – May 2013 – L1 – SA – Q1 – Scope and Purpose of Accounting

This question assesses the understanding of what does and does not define accounting.

FA – May 2013 – L1 – SA – Q1 – Scope and Purpose of Accounting

This question assesses the understanding of what does and does not define accounting.

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FA – May 2013 – L1 – SA – Q1 – Scope and Purpose of Accounting

This question assesses the understanding of what does and does not define accounting.

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FA – May 2013 – L1 – SA – Q1 – Scope and Purpose of Accounting

This question assesses the understanding of what does and does not define accounting.

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