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Tag: Introduction to Accounting
Describe the role of accounting in the modern world.
Class 11
accounts
25/03/2022
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Explain the meaning of gain and profit. Distinguish between these two terms.
Class 11
accounts
25/03/2022
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What do you mean by an asset and what are the different types of assets?
Class 11
accounts
25/03/2022
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Describe the informational needs of external users.
Class 11
accounts
25/03/2022
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Explain the factors which necessitated systematic accounting.
Class 11
accounts
24/03/2022
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What is accounting? Define its objectives.
Class 11
accounts
24/03/2022
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What is the primary reasons for students and others to familiarize themselves to accounting discipline?
Class 11
accounts
24/03/2022
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Define revenue and expenses.
Class 11
accounts
24/03/2022
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Giving examples, explain the following accounting terms: Fixed assets, Revenue, Expenses, Short-term liability, Capital.
Class 11
accounts
24/03/2022
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If the accounting information is not clearly presented, which of the following qualitative characteristic of accounting information is violated?
Class 11
accounts
23/03/2022
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“”The role of accounting has changed over the period of time””- Do you agree? Explain.”
Class 11
accounts
23/03/2022
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‘Accounting information should be comparable’. Do you agree with this statement. Give two reasons.
Class 11
accounts
23/03/2022
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