Test
ACC341 - Topic 3
Preguntas del test (5)
1Sombarts thesis in an example of which perspective of history?
- ASocially constructed
- BSocially constructing
- CTraditional
- DProfessional
2The perspective that accounting has developed to meet the needs of society is best described as:
- ASocially constructed
- BTraditional
- CProfessional
- DSocially constructing
3The industrial revolution was most closely associated with the development of which form of accounting?
- AFinancial Accounting
- BHistorical Cost
- CManagement Accounting
- DAuditing
4Which of the following statements is true about the regulation of accounting practice in its early period of development?
- AAccounting was largely determined by accounting theory.
- BAccounting was largely determined by accounting standards issued by the accounting profession.
- CAccounting was largely determined by the national Securities and Exchange Commissions and resulting legislation.
- DAccounting was largely determined by generally accepted practice.
5Which of the following statements is true about early codification of accounting rules?
- AIn the early part of the twentieth century, limited work was undertaken to codify particular accounting principles or rules.
- BAccountants used rules of which they were aware, and which they believed were most appropriate to the particular circumstances.
- CThere was very limited uniformity between the accounting methods adopted by different organisations, thereby creating comparability problems.
- DAll of the given options are correct.
Información
- Descripción
- Test sobre ACC341 - Topic 3, creado por mentor el 12/09/2014.
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- mentor
- Idioma
- English
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