Test-Bank-Fo-Financial-and-Managerial-Accounting-9th-Edition-By-John-Wild

Description

TRUE/FALSE – Write ‘T’ if the statement is true and ‘F’ if the statement is false.
1)
Accounting is an information and measurement system that identifies, records, and
communicates an organization’s business activities.
1) ______
⊚ true
⊚ false
Question Details
AACSB : Communication
Accessibility : Keyboard Navigation
Type : Static
Accessibility : Screen Reader Compatible
AICPA : BB Industry
Bloom’s : Remember
Difficulty : 1 Easy
AICPA : FN Decision Making
Learning Objective : 01-C1 Explain the importance of accounting and identify its users.
Topic : Importance of Accounting
2)
Accounting includes the analysis and interpretation of information.
⊚ true
⊚ false
Question Details
AACSB : Communication
Accessibility : Keyboard Navigation
Type : Static
Accessibility : Screen Reader Compatible
AICPA : BB Industry
Bloom’s : Remember
Difficulty : 1 Easy
AICPA : FN Decision Making
Learning Objective : 01-C1 Explain the importance of accounting and identify its users.
Topic : Importance of Accounting