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Question Practice

What is one way accounting acts as an information system?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Introduction to Accounting
Question Bank

What is one way accounting act...

Single Answer MCQ
Q-00053787

What is one way accounting acts as an information system?

1

By preparing tax returns

2

By designing marketing plans

3

By collecting and communicating data

4

By hiring new staff

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Q3.

Who defined accounting as 'the art of recording, classifying, and summarising' transactions?

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Q4.

Which characteristic must accounting information possess to be useful?

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