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Accounting is the process of matching Select one: a. Revenues and Costs b. Potential and Real performance c. Cash inflows and outflows d. Benefits and Costs

Accounting is the process of matching Select one: a. Revenues and Costs b. Potential and Real performance c. Cash inflows and outflows d. Benefits and Costs

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 1EA: Indicate whether each statement describes financial accounting or managerial accounting. The...
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Accounting is the process of matching
Select one:
a.
Revenues and Costs
b.
Potential and Real performance
c.
Cash inflows and outflows
d.
Benefits and Costs
 
 
 
 
Accounting provides information on
Select one:
a.
All of the answers are correct
b.
Financial conditions of an institution
c.
Company's tax liability for a particular year
d.
Cost and income for managers
 
 
 
 
 
Public Accounting, as a sub-discipline of accounting, includes:
Select one:
a.
Management Accounting
b.
Cost accounting
c.
Internal auditing
d.
Managerial Advisory services
 
 
 
 
 
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