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1 What is meant by Accounting? …

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1 What is meant by Accounting? 2 Give any two objectives of accounting. 3 What is the meaning of ‘ ‘recording in terms of money”? 4 “Accounting information should be comparable.” Do you agree with this statement? Give two reasons. 5 What is the primary reason for business students and others to study accounting discipline? 6 How is profit or loss of a particular period is ascertained? 7 Name the branch of commerce, which keeps a record of monetary transactions in a set of books. 8 What is end product of financial accounting? 9 Name any two external users of accounting information? 10 What type of information is required by long-term lenders?

Posted by Ridhwan Boss 5 years, 6 months ago

CBSE > Class 11 > Accountancy

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