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1278838
ACC341 - Topic 3
Descrição
Quiz sobre ACC341 - Topic 3, criado por mentor em 12-09-2014.
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mentor
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Resumo de Recurso
Questão 1
Questão
Sombarts thesis in an example of which perspective of history?
Responda
Socially constructed
Socially constructing
Traditional
Professional
Questão 2
Questão
The perspective that accounting has developed to meet the needs of society is best described as:
Responda
Socially constructed
Traditional
Professional
Socially constructing
Questão 3
Questão
The industrial revolution was most closely associated with the development of which form of accounting?
Responda
Financial Accounting
Historical Cost
Management Accounting
Auditing
Questão 4
Questão
Which of the following statements is true about the regulation of accounting practice in its early period of development?
Responda
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.
Questão 5
Questão
Which of the following statements is true about early codification of accounting rules?
Responda
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.
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