mentor
Quiz von , erstellt am more than 1 year ago

Quiz am ACC341 - Topic 3, erstellt von mentor am 12/09/2014.

2559
0
0
Keine Merkmale angegeben
mentor
Erstellt von mentor vor etwa 10 Jahre
Schließen

ACC341 - Topic 3

Frage 1 von 5

1

Sombarts thesis in an example of which perspective of history?

Wähle eine der folgenden:

  • Socially constructed

  • Socially constructing

  • Traditional

  • Professional

Erklärung

Frage 2 von 5

1

The perspective that accounting has developed to meet the needs of society is best described as:

Wähle eine der folgenden:

  • Socially constructed

  • Traditional

  • Professional

  • Socially constructing

Erklärung

Frage 3 von 5

1

The industrial revolution was most closely associated with the development of which form of accounting?

Wähle eine der folgenden:

  • Financial Accounting

  • Historical Cost

  • Management Accounting

  • Auditing

Erklärung

Frage 4 von 5

1

Which of the following statements is true about the regulation of accounting practice in its early period of development?

Wähle eine der folgenden:

  • Accounting was largely determined by accounting theory.

  • Accounting was largely determined by accounting standards issued by the accounting profession.

  • Accounting was largely determined by the national Securities and Exchange Commissions and resulting legislation.

  • Accounting was largely determined by generally accepted practice.

Erklärung

Frage 5 von 5

1

Which of the following statements is true about early codification of accounting rules?

Wähle eine der folgenden:

  • In the early part of the twentieth century, limited work was undertaken to codify particular accounting principles or rules.

  • Accountants used rules of which they were aware, and which they believed were most appropriate to the particular circumstances.

  • There was very limited uniformity between the accounting methods adopted by different organisations, thereby creating comparability problems.

  • All of the given options are correct.

Erklärung